01:32

Türkiye raises minimum wage by 49 pct for 2024

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STORY: Türkiye raises minimum wage by 49 pct for 2024
SHOOTING TIME: Dec. 27, 2023/File
DATELINE: Dec. 28, 2023
LENGTH: 00:01:32
LOCATION: Ankara
CATEGORY: SOCIETY

SHOTLIST:
1. various of the meeting (courtesy of ihlas news agency)
2. SOUNDBITE 1 (Turkish): VEDAT ISIKHAN, Turkish Labor and Social Security Minister (courtesy of ihlas news agency)
3. various of factories in Türkiye
4. SOUNDBITE 2 (Turkish): VEDAT ISIKHAN, Turkish Labor and Social Security Minister (courtesy of ihlas news agency)

STORYLINE:

Türkiye decided to ramp up the monthly minimum wage by 49 percent to 17,002 Turkish liras (578.4 U.S. dollars) starting the first day of 2024, the country's Labor and Social Security Minister Vedat Isikhan announced Wednesday.
   
SOUNDBITE (Turkish): VEDAT ISIKHAN, Turkish Labor and Social Security Minister
"With this figure, the net minimum wage has increased by 49 percent compared to the previous period and by 100 percent cumulatively compared to the previous year."
   
The country's Minimum Wage Determination Commission nailed down the decision after several days of discussion, Isikhan told reporters.
   
Türkiye previously raised the monthly minimum wage by 34 percent to 11,402 liras beginning on July 1, 2023.
   
SOUNDBITE 2 (Turkish): VEDAT ISIKHAN, Turkish Labor and Social Security Minister
"With the new amount, we are pleased to have once again fulfilled our promise not to crush our employees against inflation."

The commission consists of representatives from the government, labor union, and employers' association, each having one voting right. A simple majority vote is required for the decisions to become final, instead of unanimity.
   
Ergun Atalay, president of the Confederation of Turkish Trade Unions, who participated in the negotiations with the government on behalf of the workers, said the workers' expected minimum wage was 18,000 liras.
   
Atalay said these negotiations should be held twice a year, adding, "We will annotate the decision."
   
The hike came amid the country's stubborn inflation, with the annual inflation rate at 61.98 percent in November.

Xinhua News Agency correspondents reporting from Ankara.
(XHTV)

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