The President of the Republic of Turkey, Recep Tayyip Erdogan, made statements on December 16 at the end of the last meeting between the government and the social partners to decide on the revaluation of the minimum wage which will come into force on the 1st January 2022.
Thus, with an increase of almost 50.4%, the new minimum wage will be 4,250 TL, against the previous 2,825 TL.
“In 2022, the lower limit of the minimum wage will be 4,250 Turkish Liras,” said the Head of State.
“We have thus proceeded to revalue the minimum wage by more than 50%,” said Erdogan, stressing the historic level of the revaluation.
Recep Tayyip Erdogan explained that the 4,250 TL corresponds to the minimum wage for a single worker, single and without children.
“The amount of the new minimum wage [4250 TL] will increase if the worker is married and depending on the number of children,” he said.
This very sharp increase in the lowest salary “was an obligation” in the face of the harmful effects of the high inflation which is raging in Turkey.
“The revaluation of the minimum wage is a demonstration of our desire not to crush workers under the effects of inflation,” he insisted.
But this wage increase is accompanied by measures that will reduce costs for employers.
“From the new year, we are removing the income tax on the minimum wage,” he said, for example.
He added that the additional cost on the shoulders of employers will thus be directly reduced by 450 TL per month.
To conclude, Recep Tayyip Erdogan recalled the state’s determination not to let fluctuations in currency rates and inflation undermine stability and confidence in the Turkish economy.
Source Anadolu Agency