2027 Minimum Wage Increase Scenarios After the Medium-Term Program

Following the revision of the inflation target in the new Medium-Term Program, the first increase scenarios and possible hike rates for the 2027 minimum wage have come to the agenda.

Revision of the MTP Inflation Target

In the new Medium-Term Program announced by Vice President Cevdet Yılmaz, the year-end inflation target was revised to 28.4 percent. This development laid the groundwork for the initial evaluations regarding the 2027 minimum wage figures, which concern millions of employees.

Scenarios in the 20 to 30 Percent Band

According to calculations made by Memurlarnet Editor-in-Chief Edip Üzen, it is projected that the 2027 minimum wage increase rate could take shape between 20 percent and 30 percent. The current net minimum wage of 28,075.50 TL is expected to increase with these rates.

Possible New Net Minimum Wage Figures

According to the calculation scenarios, it is estimated that the current wage could rise to approximately 33,690 TL with a 20 percent hike, approximately 35,094 TL with a 25 percent hike, and approximately 36,498 TL with a 30 percent hike.

Economists' Minimum and Maximum Increase Expectations

Economist Muhammed Bayram stated that a minimum 25 percent increase in minimum wage adjustments is inevitable. He expressed that in the minimum scenario, levels of 35,093 TL with a 25 percent increase, and up to 37,901 TL with a maximum 35 percent increase including the welfare share, could be seen.