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Minister of Labor and Social Security Vedat Işıkhan: There will be no interim raise for the minimum wage, we will come together in December for the new minimum wage.

Minister of Labor and Social Security Vedat Işıkhan: There will be no interim raise for the minimum wage, we will come together in December for the new minimum wage.

27.06.2024 21:06

Minister of Labor and Social Security, Vedat Işıkhan, closed the door to the long-awaited wage increase for millions with his statement "There will be no increase in the minimum wage. We will come together in December for the new minimum wage."

Millions of people are closely following the statements from officials with expectations of a mid-term raise in the minimum wage. Minister of Labor and Social Security, Vedat Işıkhan, had indicated that the economic indicators were positive. In his latest statement, Minister Işıkhan pointed to 2025 for a raise in the minimum wage.

RISING INFLATION CREATES "MID-TERM RAISE" EXPECTATIONS

The minimum wage was set at 17,002 lira with a 49% increase. However, employees have high expectations for their salaries to increase due to the rising inflation and subsequent price hikes. Therefore, whether there will be a mid-term raise in July for the minimum wage has become a matter of curiosity.

"THERE WILL BE NO INCREASE"

Minister of Labor and Social Security, Vedat Işıkhan, was asked if there will be a mid-term raise for the minimum wage. Işıkhan stated, "As I have expressed multiple times, there will be no increase. We will come together on this matter again in December."

HAMZA DAĞ HAD CLOSED THE DOOR

Deputy Chairman of the AK Party, Hamza Dağ, had made statements regarding the minimum wage and tax regulations, stating, "Our main struggle now is to reduce inflation. We will start to see a decrease in inflation starting from June. I can say that there will be no process regarding the minimum wage in July," thus closing the door on the mid-term raise issue.



 
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