Price hikes by maximum, Minimum Wage by minimum

While leaving a rather difficult year for the economy, the minimum wage figures to be applied next year were announced yesterday after long negotiations. In the new year, even the increase in traffic fines is a rate of 14.47. In a setting where the main elements of the economy, such as fuel money, are set to record, food prices are shrunk, even a small amount of worker will work with a minimum wage of 1,603 Turkish Liras a month.

The Minimum Wage Assessment Commission was convened for the fourth time to set a minimum wage in 2018. After the meeting of the Commission, Labor and Social Security Minister Jülide Sarıeroğlu made a statement. The meeting which started at 14.00 hours lasted approximately 7 hours. Minister of Labor and Social Security, Jülide Sarıeroğlu explained the minimum wage rates to be implemented in 2018.

6 MILLION EMPLOYER'S EYES WERE IN MEETING THAT HELD 7 HOURS

Sarıeroğlu, "Minimum wage determination studies lasted 1 month. After a lengthy negotiating process, we ended the pace. We decided with the majority of the Commission. So the negotiations took a long time. Gross 2029 pounds, net 1603 pounds will be. The increase will be 14.2 percent. The minimum wage support that we started from 2016 will continue in 2018 as well.

14.2 PERCENT HIKES OF MINIMUM WAGES

Sarıeroğlu said: "The efforts to determine the minimum wage lasted for 1 month. After a lengthy negotiating process, we ended the pace. We decided with the majority of the Commission. So the negotiations took a long time. The minimum wage in 2018 will be 2029 pounds gross and net 1603 pounds. The increase will be 14.2 percent. The minimum wage support we have started since 2016 will continue in 2018. "Prior to the statement, President Tayyip Erdogan met with Minister of Labor Jülide Sarıeroğlu. What did the parties want in the minimum wage negotiations?

WHAT TURK-IS, DISK AND TİSK WANT?

Turk-Is, representing the workers in the negotiations with the government, demanded that the minimum wage be 1893 pounds net in 2018. DİSK's minimum wage claim was net 2 thousand 300 pounds.

TÜRK-İŞ DEMANDED 1893 TL

Turk-Is, representing the workers in the negotiations with the government, demanded that the minimum wage be net 1893 pounds in 2018,

DİSK's minimum wage claim was net 2 thousand 300 pounds.

TİSK DEMANDED 7 PERCENT HIKES

Talks in Turkey representing the employers' side Confederation of Employer Associations (TISK), "Turkish-demand job in Turkey is not appropriate to the actual figures," he said. TISK offered a raise of around 7 percent.

MINIMUM WAGES YEAR BY YEAR

2017: $ 1404

2016: $ 1300

2015: January 1: 949TL

July-1000 TL

2014: January 1: $ 846

July 1 - $ 891

1 January: TL 773

2013: July 1 - $ 803