turkey minimum wage per hour

48 2017 The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), San Marino (37.5 hours), Belgium (38 hours), United Kingdom (38.1 hours), Ireland (39 hours), Monaco (39 hours), and Germany (39.1 hours). Gender wage gap (median) Incidence of high pay. Average annual wages. Minimum Living Allowance (MLA/AGİ) is calculated on the basis of annual minimum wage in accordance with the marital status and the number of the children of the … In 2020, the national minimum wage in Turkey remained fixed at 440.3 € per month, that is 5,284 euros per year, taking into account 12 payments per year.. However, the states have the power to increase the federal minimum wage as 29 of them did. Median Salary The median salary is 7,830 TRY per month, which means that half (50%) of the population are earning less than 7,830 TRY while the other half are earning more than 7,830 TRY. The minimum wage in the United States is $7.25 per hour, the 12th highest in the world. Hong Kong: HK$30 per hour is the minimum wage in Hong Kong . Turkey’s monthly minimum wage is to increase for 2020, the government of Turkey said in a notice (Turkish).. Turkey’s real hourly minimum wage: $5.80 USD; The lowest-paid workers in Turkey got a raise in 2017, when the monthly minimum wage increased from about $455 to $491. Incidence of low pay. Decile ratios of gross earnings. Decile ratios of gross earnings. Furthermore, many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. £7.20 per hour ($8.79) for those aged 18+ £6.50 per hour ($8.49) for those aged 17–18. Labour Costs in Turkey averaged 106.85 points from 2007 until 2020, reaching an all time high of 256.60 points in the second quarter of 2020 and a record low of 56.26 points in the second quarter of 2009. 15. In April, Turkey’s economy underwent a major shift to a new system that will change the way the government and economy operate. 2019 Gross Monthly Wage has been determined as 2,558.40 TRY (net 2,020.91 for single employee) with a 26% wage hike. Wage gap by age. The minimum wage in Turkey is 2324 lira. Minimum wages ranged from a low of 4,870.91 Honduran lempiras per month, 20.3 lempiras per hour to 7,850.56 lempiras per month, 31.8 lempiras per hour. Salaries in Turkey range from 1,980 TRY per month (minimum salary) to 35,000 TRY per month (maximum average salary, actual maximum is higher). Hourly Earnings (MEI) Minimum relative to average wages of full-time workers. 1 January 2017 Guinea: The labor code allows the government to set a minimum hourly wage; however, the government has not exercised this provision except for setting the minimum wage for domestic workers at 440,000 GNF ($62) per month. Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world. Real minimum wages. E mployees’ net wages differ depending on their marital status, because of Minimum Living Allowance (MLA). This table provides a summary comparision of international minimum wage rates with a calculated yearly minimum wage rate for each country in International Dollars, a measure of currency based on the United States dollar in 2009. Hungary: 101,500 Hungarian forint per month, 586 Hungarian forint per hour. Labour Costs in Turkey decreased to 222.13 points in the third quarter of 2020 from 256.60 points in the second quarter of 2020. Turkey Minimum Wage. Effective for 2020, Turkey’s gross monthly minimum wage is to be 2,943 Turkish lira (U.S. $494.63), up from 2,558.40 Turkish lira (U.S. $429.99) for 2019. The following list provides information relating to the minimum wages (gross) of countries in Europe.. 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