A 50% Raise for Employees from THY for 2024!

Turkish Airlines has decided to maintain its purchasing power by increasing employee salaries by 50% from February 2024. New collective bargaining agreement


A 50% Raise for Employees from THY for 2024!

Ahmet Bolat, Chairman of the Board of Directors of Turkish Airlines, made an important statement regarding the salary increases for the company's employees. Bolat said they are proposing an increase of 64 percent in the first six months of 2024 and an increase in the inflation rate plus 3 points or at least 25 percent in the second six months. The proposal, supported by these mathematical calculations, included an increase in the salaries of employees from January.

However, Bolat said that this proposal could not be implemented because no agreement was reached in the collective bargaining agreement with the union, and pointed out that the union did not evaluate the constructive approach of the management. As a result, the board decided to increase February salaries by 50%. Bolat stressed that this decision is an employee-oriented approach, stating that they hope to write a story full of success in 2024.

Bolat also stated that they anticipate inflation-based increases in 2025 and aim to provide employees with a fair wage increase in line with industry expectations. He hoped that the decision taken by the management would bring positive results for all employees. Turkish Airlines aims to keep motivation high and ensure a fair working environment with salary increases for its employees.

Turkish Airlines Public Lighting Platform KAP' in a statement:

The ongoing collective bargaining agreement between our partnership and the authorized Air-İş Union No agreement has yet been reached in the negotiation process. Our Board of Directors has decided to maintain the purchasing power of our employees until the conclusion of the 28th Period collective bargaining agreement, based on the minimum wage determination Commission Resolution 2023/2 published in Official Gazette No. 32415 of 30.12.2023 and published in Official Gazette No. 32415 as of 01.02.2024, effective as of 01.02.2024 He decided to increase it.

If a new collective bargaining agreement is signed with the Competent Trade Union with a view to a higher rate of increase to wages on 01.01.2024, the determination of retroactive wage differences will be carried out taking into account this 50% increase rate to be applied from February.

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