The Minimum Wage and Determination Commission, which held its first meeting on December 10 and its second meeting on December 16, will hold its third meeting on Thursday, December 19. Social Security Expert Murat Bal made evaluations regarding the minimum wage increase to presenter Melis Yaşar on Haberler.com before the meeting. "I DO NOT EXPECT AN INCREASE BELOW THE INFLATION RATE"Murat Bal stated that two possible scenarios should be considered when determining the minimum wage increase: "Will the minimum wage increase be made once, or will there be an update in July? It was made once in 2024. The minimum wage has been set at 17,002 TL, but its value has dropped to around 11,000 TL. Updates were made in the middle of the year in 2022 and 2023. Such an action can be taken to spread the inflation above the minimum wage over time. If the increase is made once and covers the entire year, I do not expect an increase below the inflation rate at all. An increase of around 45 percent is expected. If the increase is made twice, an increase of around 25-30 percent may occur in the first phase, followed by a second phase increase." he said. "THE MINIMUM WAGE COULD BE 25,000 TL"Answering the question, "How much will the minimum wage be if 1 or 2 increases are made in a year?" Bal said, "If an increase is planned once a year, the minimum wage could be 24,500 or 25,000 TL. If the possibility of an interim increase during the year is considered, then I think the initial phase will be around 21-22 thousand TL, and these figures will occur again in the following phase."
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