Turkey: 2016 Minimum Wage Released

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Jan. 6— Turkey's monthly minimum wage increased to 1,647 lira ($559) from 1,273.50 lira ($432) on Jan. 1, and the new rate will be in effect to the end of the year, the Turkish Ministry of Labor and Social Security said in an update to its website.

The net monthly minimum wage after taxes and deductions is 1300.99 lira ($442) per month.

To contact the editor responsible for this story: Michael Baer at mbaer@bna.com

For More Information 
The new minimum wage rate can be found in Turkish at http://www.csgb.gov.tr/csgbPortal/cgm.portal?page=asgari.

For more information on Turkish HR law and regulation, see the Turkey primer.