The Minimum Wage Determination Commission, consisting of workers, employers and government representatives, convened at the Ministry of Family, Labor and Social Services on Tuesday, December 2019, 25 at 2018:10 to determine the minimum wage to be valid in 00.
According to the statement made by the Minister of Family, Labor and Social Services Zehra Zümrüt Selçuk, the minimum wage in 2019 became net 26.06 TL with an increase of 2020 percent.
The minimum wage to be effective as of 2019 is determined unanimously by the representatives of the employer-employer-state sector of the Minimum Wage Detection Commission.
MINIMUM WAGE | ||||
January'2016 | January'2017 | January'2018 | January'2019 | |
Gross Monthly Minimum Wage | 1.647,00 | 1.777,50 | 2.029,50 | 2.558,40 |
SGK Primi | 230,58 | 248,85 | 284,13 | 358,18 |
Income tax | 86,47 | 93,32 | 106,55 | 134,32 |
Stamp duty | 12,50 | 13,49 | 15,40 | 19,42 |
Unemployment insurance | 16,47 | 17,78 | 20,30 | 25,58 |
Total of deductions | 346,02 | 373,43 | 426,38 | 537,50 |
Downtime Ratio | 21,0% | 21,0% | 21,0% | 21,0% |
Net Monthly Minimum Wage | 1.300,98 | 1.404,07 | 1.603,12 | 2.020,90 |
Cost to Employer | ||||
SSI employer premium | 255,29 | 275,51 | 314,57 | 396,55 |
Unemployment insurance employer premium | 32,94 | 35,55 | 40,59 | 51,17 |
Social Security Premium Employer Payment | 288,23 | 311,06 | 355,16 | 447,72 |
Total Labor Cost | 1.935,23 | 2.088,56 | 2.384,66 | 3.006,12 |
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