Bargaining begins on minimum wage | Economic News

Bargaining begins on minimum wage |  Economic News


The Minimum Wage Determination Commission will hold its first meeting today to determine the minimum wage to be applied in 2024. At the meeting, where a single raise formula for 2024 is on the table, field surveys of relevant institutions will be shared. In addition, workers and employers will express their initial expectations. At the meeting to be held at the Ministry of Labor and Social Security, the government side will be represented by officials from the Ministry of Labor and Social Security, the worker side will be represented by Türk-İş, and the employer side will be represented by a delegation of 5 people from TİSK. The Türk-İş delegation will include 4 workers from various business lines.

Before the first meeting of the commission, expectations regarding the possible increase are also expressed on both the employee and employer side. It is stated that the parties are focusing on 45 percent or 50 percent. The workers and employers will present their own field studies to the members of the determination commission. It was claimed at the table that Türk-İş would make an effort to exceed the rate in question, while the employer side would defend these rates. It was learned that the employers also wanted the government to increase and continue the 500 TL minimum wage support for employers per insured worker.

At the meeting, in addition to the minimum wage, both the employee and employer sides will demand the rearrangement of income tax brackets and alleviating the burden on employees. At the first meeting, expectations will be expressed through presentations. Following the expectations, the parties will make evaluations in the presidential boards of their unions until the second meeting. In the second meeting, the parties will carry out their negotiations. If a consensus cannot be reached, the talks are expected to be postponed to a third meeting.



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