Income distribution
Minimum wage hiked by 49 percent for 2024
The monthly met minimum wage will be 17,002 Turkish Liras ($578) in 2024 for millions of employees, Labor and Social Security Minister Vedat Işıkhan has announced.
The new minimum wage level is 49 percent higher compared with July, when the wage was increased in a mid-year adjustment. It marks a 100 percent hike from January last year.
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Minimum wage talks set to kick off
The commission, comprised of representatives from the government, employers' and labor unions, is set to hold the first round of talks on the minimum wage for millions of workers today.
The Minimum Wage Determination Commission will meet four times in December before announcing the wage, which will take effect in 2024.
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Reforming taxation
The intervention attempted in the taxation of freelancers and the self-employed could find resistance everywhere: Those affected may consider it too high, while salaried employees, who are not able to hide their income, may consider it cowardly, as the income that the self-employed are required to declare is placed at the minimum wage level.
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Stricter rules for self-employed
The government announced on Tuesday that as of this year self-employed professionals will be presumed to earn a minimum of 10,920 euros, which under certain conditions will reach €50,000, and will be taxed accordingly through the declarations to be submitted in 2024.
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For the First Time since Adopting the Euro: Croatia Raises the Minimum Wage by 20%
The minimum wage in Croatia will increase by 20% from the New Year - the first increase since the country adopted the euro as its main currency at the start of the year.
The government in Zagreb decided on Wednesday that the minimum monthly salary for 2024 will be 840 euros gross and 677 euros net.
İzmir metro, tram workers go on strike
Metro and tram workers in the western province of İzmir on July 31 went on strike as the negotiations between the municipality and the unions over a new wage increase failed to reach an agreement.
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Hoteliers struggling to find workers amid labor shortage
Although tourism activity has rebounded with the COVID-19 pandemic-related troubles put behind, the industry is now facing another problem: Labor shortage.
Turkish hoteliers are trying to overcome this problem by hiring workers from other nations, such as Turkic countries and even from Indonesia, even though this costs them more.
Lowest-paid civil servant to receive 22,000 Turkish Liras
The lowest salary of Türkiye's civil servants will be increased to 22,000 Turkish Liras, Labor and Social Security Minister Vedat Işıkhan has said.
The government is currently working on civil servants' pay and improvements in pensions, Işıkhan told reporters.
Minimum wage hiked 34 percent
The new minimum wage has been increased by 34 percent from 8,506 Turkish Liras to 11,402 liras (around $483), Labor and Social Security Minister Vedat Işıkhan has announced.
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Part-time labor appears to be receding
The number of part-time workers in Greece is decreasing, albeit slowly, which is a determining factor for the incomes of Greek households.
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