22.10.2026 13:11
In the 2027 budget, the funding for the minimum wage tax exemption is to be increased by 33.7% to 1 trillion 460 billion lira, and three different raise scenarios have become clear that, in line with OVP forecasts, foresee the net minimum wage being between 36,049 TL and 37,537 TL.
As the new year approaches, while millions of employees have their eyes and ears on the decision to come from the Minimum Wage Determination Commission, the resources allocated in the 2027 budget and the inflation targets of the Medium-Term Program (OVP) offered important clues about the new raise rates. In the 2027 budget, while the minimum wage tax exemption support rises by 33.7% to 1 trillion 460 billion lira, according to 3 different scenarios on the table, the net minimum wage is projected to take shape between 36,049 TL and 37,537 TL.
THE 33.7% INCREASE IN THE BUDGET DREW ATTENTION
The fact that the resource allocated for the minimum wage tax exemption in the 2027 budget is expected to be increased by 33.7% compared with the previous year's amount of 1 trillion 92 billion lira increased expectations. Although the increase rate in the budget is not applied directly as the raise rate, in line with data from past years it serves as an important indicator for the commission table.
HERE ARE THE 3 RAISE SCENARIOS ON THE TABLE AND THE NEW SALARIES
According to the calculations, the prominent figures for the 2027 minimum wage were listed as follows:
- Scenario 1 (OVP Inflation Forecast - 28.4% Raise): If the 28.4% year-end inflation expectation in the Medium-Term Program is taken as the basis, the gross minimum wage will rise to 42,410 TL, and the net minimum wage to 36,049 TL.
- Scenario 2 (30% Raise): If a net 30% raise is made to the minimum wage, the gross wage will reach 42,939 TL, and the net salary will reach approximately 36,500 TL.
- Scenario 3 (Budget Increase Rate - 33.7% Raise): If the 33.7% increase allocated for tax support in the budget is directly reflected in salaries, the gross wage will rise to 44,161 TL, and the net minimum wage to 37,537 TL.
HOW DID THE BUDGET AND RAISE RATES TAKE SHAPE IN PAST YEARS?
Although the resource increases in the budget and the realized raise rates are not exactly the same, they show parallelism. In the 2025 budget, the tax support resource was increased by 25%, while the minimum wage raise made was 30%. In the 2026 budget, in response to the 28.02% increase in the resource, a 27% raise was applied to the minimum wage. The 33.7% resource increase in the 2027 budget strengthens the expectation that the new raise rate may be realized at 30% and above.