01Temmuz2022

2022 II. Period Minimum Wage and Legal Parameter Updates | CottGroup

a. Minimum Wage

In The press release dated July 01, 2022, the Ministry of Labor along with the Minimum Wage Determination Committee have announced the minimum wage to be effective as of July 01, 2022, as shown in the table below.

TERM	GROSS	NET
2022 II. Period	6,471.00-TRY	5,500.35-TRY

b. Monthly SSI Base and Ceiling Parameters

As per Article 82 of the 5510 numbered SSI Law (In Turkish), the SSI base and the SSI ceiling are determined by taking the minimum wage into account. The SSI ceiling is calculated as 7.5 times the minimum wage. The below table shows the legal parameters in regards for 2022 II. Period.

SSI	Monthly SSI Base	Monthly SSI Ceiling
2022 II. Period	6,471.00-TRY	48,532.50-TRY

Should you have any queries or need further details, please contact your customer representative.

Yazar Erdoğdu Onur Erol, Kategori Social Security Law and Legislation, Taxation Law

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