December 28, 2020 at 12:41 pm | Published in: Europe & Russia, News, Turkey
Turkish Lira, 20 September 2018 [Mohammed Elshamy/Anadolu Agency] December 28, 2020 at 12:41 pm
Turkey is raising its minimum wage by 21.56% as of Jan. 1, the country s family, labor and social services minister announced on Monday,
Anadolu reports.
The net minimum wage for single people will be 2,826 Turkish liras ($377) a month, up from 2,324 Turkish liras a month ($310), Zehra Zumrut Selcuk said.
The new gross minimum wage, before deductions such as social security premiums and income taxes, will reach 3,578 liras ($477.3).
The minimum wage for married people with three children is 3,013.7 Turkish liras ($403), Selcuk added.
The rate of increase was much above the country s annual inflation rate, the minister stressed.
Minimum wage in Turkey in 2021: 2,825 lira
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