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The minimum wage proposal from the business world has emerged.

The minimum wage proposal from the business world has emerged.

30.11.2024 10:02

In the days leading up to the start of negotiations for the minimum wage amount in 2025, expectations have risen with new scenarios. The business world is preparing to present a wage increase proposal of 32.5%, which falls between the highest offer of 44% and the lowest offer of 21%, in relation to the current minimum wage of 17,002 TL.

While it remains a question whether the minimum wage increase rate for 2025 will be based on the expected inflation or the target inflation, the first figures have become clear ahead of the critical minimum wage meeting that will start on December 10. The employers' side has revealed its proposal for the 2025 minimum wage increase. The business world will come to the table with a proposal of 'average inflation'. This means that a wage increase proposal of 32.5% will be presented, calculated as the average between 44% and 21%. The expectation that negotiations will start from this figure has further increased the anticipation.

WAGE NEGOTIATIONS WILL START ON DECEMBER 10

All eyes on the worker and employer front are turned to the Minimum Wage Determination Commission Meeting to be held on December 10. As the countdown continues for the first meeting where workers, employers, and the government will come together, a new proposal has emerged from the business world that gives hope to employees.

44% INCREASE SCENARIO

The eyes are on inflation figures for the minimum wage increase that will affect everyone from 7 to 70. While the Central Bank's inflation forecast for the end of 2024 is 44%; the target inflation for 2025 has been announced as 21%. If a 44% increase is applied to the minimum wage, the net salary for 2025 will be 24,482.88 TL.

32.5% INCREASE SCENARIO

As predictions for the 2025 minimum wage increase are flying around; a proposal of 32.5%, which is the average of the year-end inflation and target inflation, has come from the business world. After the target inflation for 2025 was updated from 17.5% to 21%, minimum wage predictions have risen, and expectations have further increased with the new proposal from the business world, changing the calculations. If a 32.5% increase is applied to the current minimum wage of 17,002 TL, the minimum wage for 2025 will be 22,527.65 TL.



 
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