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IMPACT – MEDIUM
What is the change? Turkey’s government has announced minimum salary requirements for foreign nationals with work permits.
What does the change mean? The gross minimum monthly wage is now 3,577.50 Turkish lira (about US$484.09) and the net minimum monthly wage is 2.825.00 Turkish lira (about US$382.27). Foreign employees must also be paid a salary that is commensurate with the position. The salary minimums are in effect until Dec. 31, 2021.
Additional Information: The monthly minimum salaries required for work permits are as follows:
Analysis & Comments: The new salary minimums show an overall increase compared to 2020 levels. Employers should take into account the new minimums when planning their 2021 budgets, as applications that do not meet the appropriate salaries will be rejected. The new salary levels apply for both local hires and assignees on foreign payroll (with an assignment letter).
Source: Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more. Deloitte Legal means the legal practices of Deloitte Touche Tohmatsu Limited member firms or their affiliates that provide legal services. For legal, regulatory and other reasons, not all member firms provide legal services. This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms or their related entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. © 2021. For information, contact Deloitte Touche Tohmatsu Limited.
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