Minimum Wage and Cost to Employer

Minimum Wage and Cost to Employer

NET ACCOUNT OF MINIMUM WAGE AND COST TO EMPLOYER
Prepared by the General Directorate of Labor / Union Membership and Statistics Department.

01/07/2022 - 31/12/2022

NET ACCOUNT OF THE MINIMUM WAGE (TL / MONTH)

 

MINIMUM WAGE 6.471,00
SSI PREMIUM 14% 905.94
UNEMPLOYMENT INSURANCE. PREMIUM 1 64,71%
TOTAL OF INTERRUPTIONS 970.65
NET MINIMUM WAGE 5,500,35

COST TO THE EMPLOYER (TL / MONTH)

MINIMUM WAGE 6.471,00
SSI PREMIUM 15.5% (Employer's Share) (*) 1003.01
EMPLOYER UNEMPLOYMENT INSURANCE PREMIUM 2 % 129,42
TOTAL COST TO THE EMPLOYER 7,603.43

Note 1: In accordance with Article 2 of the Law on the Currency of the Republic of Turkey No. 5083 dated 28/01/2004; As a result of the conversion of Turkish Lira values to New Turkish Lira and transactions made in New Turkish Lira, and at the payment stages, values of half a Kurus and above are rounded up to one New Kurus; Values below half a New Kurush are not taken into account.

Note 2: Income Tax and Stamp Duty are not calculated.

(*) According to subparagraph (i) of Article 81 of the Law No. 5510, the calculations have been made accordingly, since a 5 point reduction in the employer's share of SSI premium is foreseen for the employers who meet the conditions specified in the sub-clause. For employers who do not meet the necessary conditions, the employer's share of SSI premium is 20.5%. With the regulation made with the 9th article of the law no. "
CALCULATIONS ARE FOR INFORMATION. NO RESPONSIBILITY IS ACCEPTED

 

NET ACCOUNT OF THE MINIMUM WAGE AND COST TO THE EMPLOYER IN 2022
Prepared by the General Directorate of Labor / Union Membership and Statistics Department.

01/01/2022 - 31/12/2022

NET ACCOUNT OF THE MINIMUM WAGE (TL / MONTH)

 

MINIMUM WAGE 5.004.00
SSI PREMIUM 14% 700.56%
UNEMPLOYMENT INSURANCE. PREMIUM 1 50.04%
TOTAL DEDUCTIONS 750.60
NET MINIMUM WAGE 4,253,40

COST TO THE EMPLOYER (TL / MONTH)

MINIMUM WAGE 5.004.00
SSI PREMIUM 15.5% (Employer's Share) (*) 775,62
EMPLOYER UNEMPLOYMENT INSURANCE PREMIUM 2 % 100,08
TOTAL COST TO THE EMPLOYER 5.879.70

Note 1: In accordance with Article 2 of the Law on the Currency of the Republic of Turkey No. 5083 dated 28/01/2004; As a result of the conversion of Turkish Lira values to New Turkish Lira and transactions made in New Turkish Lira, and at the payment stages, values of half a Kurus and above are rounded up to one New Kurus; Values below half a New Kurush are not taken into account.

Note 2: Income Tax and Stamp Duty are not calculated.

(*) According to subparagraph (i) of Article 81 of the Law No. 5510, the calculations have been made accordingly, since a 5 point reduction in the employer's share of SSI premium is foreseen for the employers who meet the conditions specified in the sub-clause. For employers who do not meet the necessary conditions, the employer's share of SSI premium is 20.5%. With the regulation made with the 9th article of the law no. "
CALCULATIONS ARE FOR INFORMATION. NO RESPONSIBILITY IS ACCEPTED

 

NET ACCOUNT OF THE MINIMUM WAGE AND COST TO THE EMPLOYER FOR 2021
Prepared by the General Directorate of Labor / Union Membership and Statistics Department.

01/01/2021 - 31/12/2021

NET ACCOUNT OF THE MINIMUM WAGE (TL / MONTH)

 

MINIMUM WAGE 3,577.50
SSI PREMIUM 14% 500,85%
UNEMPLOYMENT INSURANCE. PREMIUM 1% 35.78%
INCOME TAX 15% (*) 187.82
MINIMUM LIVING BENEFITS 268.31
STAMP TAX 0.759 27.15%
TOTAL CUTTINGS 751,60
NET MINIMUM WAGE (**) 2,825,90

COST TO THE EMPLOYER (TL / MONTH)

MINIMUM WAGE 3,577.50
SSI PREMIUM 15.5% (Employer's Share) (***) 554.51
EMPLOYER UNEMPLOYMENT INSURANCE PREMIUM 2 % 71.55
TOTAL COST TO THE EMPLOYER 4,203.56

ACCOUNT OF THE MINIMUM WAGE FOR DOCTORS AND COST TO THE EMPLOYER (TL / MONTH)
(Note: Doormen are exempted from Income Tax pursuant to Article 23 of Income Tax Law No. 193, and from Stamp Duty pursuant to paragraph (34) of Section IV of Table (2) of Stamp Duty Law No. 488.)
ACCOUNT OF NET MINIMUM FEE

MINIMUM WAGE 3,577.50
SSI PREMIUM 14% 500,85%
UNEMPLOYMENT INSURANCE. PREMIUM 1% 35.78%
TOTAL OF INTERRUPTIONS 536,63
NET MINIMUM WAGE 3,040,87

COST TO THE EMPLOYER

MINIMUM WAGE 3,577.50
SSI EMPLOYER BONUS 15.5% (***) 554.51
UNEMPLOYMENT INSURANCE. BONUS 2 % 71.55
TOTAL COST TO THE EMPLOYER 4,203.56
Note 1: In accordance with Article 2 of the Law on the Currency of the Republic of Turkey No. 5083 dated 28/01/2004; As a result of the conversion of Turkish Lira values to New Turkish Lira and transactions made in New Turkish Lira, and at the payment stages, values of half a Kurus and above are rounded up to one New Kurus; Values below half a New Kurush are not taken into account.

(*) In Income Tax Calculation; In accordance with Article 32 of G.V. Law No. 193, Minimum Living Allowance has been applied considering that the worker is single and childless and only he is himself.

(**) To the net minimum wage (268,31) TL. minimum living allowance

has been added.

(***) According to subparagraph (i) of Article 81 of the Law No. 5510, the calculations have been made accordingly, since it is foreseen that the employers' share of SSI premiums are reduced by 5 points for the employers who meet the conditions specified in the paragraph. For employers who do not meet the necessary conditions, the employer's share of SSI premium is 20.5%. With the regulation made with the 9th article of the Law No. 6385, Article 81 of the Law No. 5510, effective as of 01.09.2013, "The premium rate of the short-term insurance branches is 2% of the insured's earnings subject to premium."
CALCULATIONS ARE FOR INFORMATION. NO RESPONSIBILITY IS ACCEPTED

NEW MINIMUM WAGE CALCULATIONS
Net Calculation of Minimum Wage and Cost to Employer: 2021 (01/01/2021 - 31/12/2021)

OLD MINIMUM WAGE CALCULATIONS