The net amount of the minimum wage to be applied as of January 1, 2023 has been announced by the President.

Considering this statement of the President and the gross minimum wage amount of 10,008.00 TL on the website of the MoLSS; The monthly net minimum wage, which will be valid in 2023, is calculated as 8,506.80 TL and the monthly cost of a minimum wage worker to the employer is 11,759.40 TL.

Considering the statements of the President and the gross minimum wage amount on the website of the MoLSS; Daily and monthly gross minimum wage amounts, net minimum wage and cost to the employer have been calculated by us as follows in order to provide general information:

I. Gross minimum wage amount

Below are the daily and monthly gross minimum wage amounts to be applied in 2023.

I. Calculation of the net minimum wage

The net minimum wage amount for 2023 was calculated as follows, taking into account the statements of the President and the gross minimum wage on the website of the MoLSS:

II. Calculation of the cost to the employer

Within the scope of the explanations above, the cost of a minimum wage worker to the employer in 2023 is calculated as follows.

According to subparagraph (i) of Article 81 of the Law No. 5510, employers’ share of SSI premiums in the above calculation (20.5% – 5 points =) is 15.5%, as employers who meet the conditions specified in the clause are provided with a 5-point reduction in the employer’s share of SSI premium. taken into account.

To summarize;

– 100% increase compared to January 1, 2022

– Over $450 at today’s rate

– The biggest increase in the last 20 years

– Increased by 54.66% compared to July 2022 and 74% on annual average

– The burden of this amount on the employer will be 11 thousand 750 TL

There was an increase of 30 points above the 6-month inflation rate.

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