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IMPACT — MEDIUM
The Turkish government has announced that it will increase the national minimum wage due to inflation.
Key Points:
BAL Analysis: Businesses may see a slight increase in labor costs because of the new minimum wage. Employers should take the new wage minimums into account and adjust their budgets if necessary.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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