Cyprus Mail

North’s minimum wage less than in Turkey for first time

img 3923
The minimum wage in the north is set for review

Workers earning the minimum wage in the north are earning less than the equivalent salary in Turkey for the first time, it appeared on Tuesday.

Upon returning to work after the New Year’s break, minimum wage workers in Turkey will now be paid a net salary of 17,002TL (€519.50) per month, following an announcement by President Recep Tayyip Erdogan on December 27.

By contrast, minimum wage workers in the north begin the year earning a net monthly salary of 15,750TL (€481.24).

This marks the first time that the north’s minimum wage is lower than that of Turkey.

Historically, the north’s minimum wage was higher than that of Turkey due to its higher cost of living.

In the 1990s and 2000s, the north’s minimum wage was typically double that of Turkey, though that gap began to close in the 2010s.

When the UBP, the current largest party of ‘government’, came to power in 2019, the north’s minimum wage was 14 per cent higher than that of Turkey.

Discussions are ongoing at the north’s minimum wage determination commission for a new minimum wage to be set, with the new figure likely to take effect from February.

Follow the Cyprus Mail on Google News

Related Posts

Construction material prices fall from previous year

Souzana Psara

Keravnos expects party meeting to resolve multiple pensions spat

Tom Cleaver

Greeks in Cyprus warned to only vote once for MEP elections

Tom Cleaver

Cyprus travel agents pleased with tourist arrivals so far

Souzana Psara

Mouflons prepare for showdown against old rivals Malta

Press Release

Eight-car pileup on Nicosia-Limassol highway

Tom Cleaver