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

ACCOUNT OF NET OF MINIMUM WAGE (TL / MONTH)

 

MINIMUM WAGE  13,414.50
SOCIAL SECURITY (SSI) PREMIUM 14% 1,878.03
UNEMPLOYMENT INSURANCE PREMIUM  15 134.15
TOTAL DEDUCTIONS 2,012.18
NET MINIMUM WAGE 11,402.32

 

COST TO EMPLOYER (TL / MONTH)

MINIMUM WAGE 13,414.50
SOCIAL SECURITY (SSI) PREMIUM 15.5% (Employer Share) (*) 2,079.25
UNEMPLOYMENT INSURANCE PREMIUM   2% 268.29
TOTAL COST TO EMPLOYER 15,762.04

 

Source: The Ministry of Labor and Social Security of Republic of Türkiye
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