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BLOGS.

Minimum Wage Rise in the TRNC AS OF 01 jANUARY,2022

7/1/2022

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​The Minimum Wage Determination Commission, in accordance with Article 8 of the Minimum Wages Law No. 22/1975 as amended, determined the new monthly minimum wage in North Cyprus to officially be 7,000.- Turkish lira (Gross) as of January 01, 2022.

After the rollercoaster week of highs and extreme lows faced by the Turkish Lira near the end of the year 2021, several meetings were held by the Minimum Wage Determination Commission whereby it was decided by a majority of votes that the new Minimum Wage as of 01/01/2022 would be:
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This was formally announced by Erman Yaylali, the chairman of the Minimum Wage Determination Commission.
  
Please do not hesitate to contact our office should you require any further details.

This article is intended for general information purposes only and does not constitute legal or professional advice. BHLEX Law and Consultancy Bureau does not accept liability for any loss which may occur to any person as a result of relying on or otherwise using this information.
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