‘Lightning’ adjustment to the minimum wage! The two-year tradition will be broken…

Millions of employees are waiting for the minimum wage increase at the end of the year.

While it is awaited with great curiosity how much the minimum wage will be in 2024, it is stated that the Minister of Treasury and Finance Mehmet Şimşek may end the two-year tradition.

MAY BE REMOVED FROM THE AGENDA

Social Security Specialist (SGK) Özgür Kaya, who was a guest on CNN Türk live broadcast, stated that the interim increase in the minimum wage, which has been made for 2 years, may be off the agenda this year.

SSI Expert Özgür Kaya stated that the Ministry of Treasury and Finance is preparing for a one-time increase in 2024.

SSI Specialist Kaya continued his words as follows:

“When we look at the six-month inflation at the end of the year, we will see levels of 38 percent – 40 percent. When we add the welfare share announced by the government, we can roughly predict what the increase in the minimum wage in 2024 will be like.

There may be a ceiling fee. We can say that the minimum wage will be around 17 thousand TL – 18 thousand TL.

The Minimum Wage Determination Commission will meet in December and determine the minimum wage for January 2024.

“ONE TIME INCREASE”

The tax issue regarding the minimum wage is not on the agenda, stamp and income tax have been abolished.

When we look at the Treasury and Finance management, we can see that the minimum wage will be increased once, not twice, in 2024. “The explanations are in this direction.”