According to the announcement of the Presidency and the Ministry of Labor and Social Security, the minimum wage for 2024 was announced as 20,002.50 ₺ gross and 17,002.12 ₺ net. According to 2024 minimum wage figures;

Minimum Wage (Gross)	20.002,50 ₺
SSI Base (PEK Base)	20.002,50 ₺
SSI Worker Premium (14%)	2.800,35 ₺
Unemployment Workers’ Premium (1%)	200,03 ₺
Income Tax Base	17.002,12 ₺
Income Tax	0
Stamp Tax Base	20.002,50 ₺
Stamp Tax	0
Net Paid	17.002,12 ₺

Cost of Minimum Wage to Employer

The cost for employers arises when, in addition to the gross wage of the worker, the insurance premiums for which the employer is responsible for that worker are also calculated and included. In other words, the cost of a minimum wage earner for the employer is not only the gross amount of the minimum wage. It should be calculated to include the insurance premiums that the employer will pay for the respective employee as well.

Employer cost of minimum wage employees without incentives:

Minimum Wage (Gross)	20.002,50 ₺
SSI Base	20.002,50 ₺
SSI Employer Share (20.5%)	4.100,51 ₺
Unemployment Employer Share (2%)	400,05 ₺
Employer Cost	24.503,06 ₺

Employer cost for minimum wage employees with incentives:

Minimum Wage (Gross)	20.002,50 ₺
SSI Base	20.002,50 ₺
SSI Employer Share (15.5%)	3.100,39 ₺
Unemployment Employer Share (2%)	400,05 ₺
Employer Cost	23.502,94 ₺

Employer’s SSI Ceiling Cost

The employer’s calculation of insurance premiums for workers, based on their earnings, is one of the parameters that changes along with the minimum wage, especially for individuals whose total base earnings exceed the Social Security Institution (SGK) ceiling.

	1 Day	30 Days
Peak Base Amount	666,75 ₺	20.002,50 ₺
Peak Base Ceiling Amount	5.000,63 ₺	150.018,90 ₺

The employer’s premium cost for premiums calculated from the ceiling is as follows:

Amount Without Incentive:

SSI Base	150.018,90 ₺
SSI Employer Share (20.5%)	30.753,84 ₺
Unemployment Employer Share (2%)	3.000,38 ₺

Amount with Incentive

SSI Base	150.018,90 ₺
SSI Employer Share (15.5%)	23.252,93 ₺
Unemployment Employer Share (2%)	3.000,38 ₺