According to the announcement of the Presidency and the Ministry of Labor and Social Security, the minimum wage for 2023 in Turkey was announced as 10.088 ₺ gross and 8.506,80 ₺ net. According to the minimum wage figures for 2023 in Turkey ;

Minimum Wage (Gross)10.008 ₺
SSI Base (PEK Base)10.008 ₺
SSI Worker Premium (14%)1.401,12 ₺
Unemployment Worker Premium (1%)100,08 ₺
Income tax base8.506,80 ₺
Income tax0
Stamp Duty Base10.008 ₺
Stamp duty0
Net Paid8.506,80 ₺

The Cost of the Minimum Wage to the Employer in Turkey

The cost of employers arises when the insurance premiums for which the employer is responsible for that worker are calculated and included in addition to the worker’s gross wage. In other words, the cost of a minimum wage to the employer is not only the gross minimum wage. It should be calculated to cover the insurance premiums to be paid by the employer for the relevant employee.

Employer cost of minimum wage workers without incentive:

Minimum Wage (Gross)10.008 ₺
SSI Base10.008 ₺
SSI Employer Share (20.5%)2.051,64 ₺
Unemployment Employer Share (2%)200,16 ₺
Employer Cost12.259,80 ₺

Employer cost of minimum wage workers is subsidized:

Minimum Wage (Gross)10.008 ₺
SSI Base10.008 ₺
SSI Employer Share (15.5%)1.551,24 ₺
Unemployment Employer Share (2%)200,16 ₺
Employer Cost11.759,40 ₺

Employer’s SSI Ceiling Cost

One of the parameters that change with the minimum wage in Turkey is the premium amounts calculated for the employees whose wages are paid by the employer, whose earnings are subject to premium exceeding the SSI Ceiling Basis.

1 Day30 Days
Pek Base Base Amount333,60 ₺10.008 ₺
Peak Base Ceiling Amount2.502 ₺75.060 ₺

For premiums calculated from the ceiling, the employer’s premium cost is as follows:

Amount Without Incentive:

SSI Base75.060 ₺
SGK İşveren Payı (%20,5)15.387,30 ₺
İşsizlik İşveren Payı (%2)1.501,20 ₺

Incentive Amount:

SSI Base75,060 ₺
SSI Employer Share (15.5%)11,634,30 ₺
Unemployment Employer Share (2%)1,501,20 ₺