Turkey | Latest developments on minimum wage, severance pay, income tax, interest rates and administrative fines in 2018

Minimum wage developments

From 1 January 2018, the gross minimum wage in Turkey has been increased to TRY 2,029.50 per month, up from TRY 1,777.50 in 2017.
This means that the net minimum wage rose to TRY 1,603.12 from TRY 1,404.06 in 2017.
In addition, the gross daily minimum wage has been increased to TRY 67.65.

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