Minimum Wage Announced for the Second Six Months of 2023!
NET ACCOUNT OF MINIMUM WAGE AND COST TO EMPLOYER
Prepared by the General Directorate of Labor / Department of Labor Statistics.
01/07/2023-31/12/2023
NET ACCOUNT OF THE MINIMUM WAGE (TL / MONTH)
MINIMUM WAGE 13,414.50
SSI PREMIUM 14% 1,878.03
UNEMPLOYMENT INSURANCE. PREMIUM 1% 134.15
TOTAL OF INTERRUPTIONS 2.012.18
NET MINIMUM WAGE 11,402.32
COST TO THE EMPLOYER (TL / MONTH)
MINIMUM WAGE 13,414.50
SSI PREMIUM 15.5% (Employer’s Share) (*) 2,079.25
EMPLOYER UNEMPLOYMENT INSURANCE PREMIUM 2% 268.29
TOTAL COST TO THE EMPLOYER 15,762.04