RECORD RISE IN MINIMUM WAGE

http://www.turkishpress.com/turkishpress/news.asp?ID=16418

From the Sabah newspaper:

Minimum Wage Fixing Commission increased minimum wage to be valid as of January 1, 2004 by 34.1 percent to net 303 million 79 thousand 500 Turkish liras (TL). Cost of minimum wage, which will be gross 423 million TL for workers above 16 years old, for employers is calculated as 560 million TL.

Basically, what the above is saying is the Turkish worker on the official minimum income can now enjoy just over USD $200 in take home money every month.

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