Turkiye | Compensation of Employees (Current Local Currency Units - LCU)

Employee compensation encompasses all payments made to employees for their services, including cash payments and in-kind benefits such as food and housing. It also includes government contributions to social insurance schemes, such as social security and pensions, which provide additional benefits to employees. The chart displays employee compensation in Türkiye, measured in current local currency units (LCU), over an 15-year period from 2008 to 2022. In 2022, employee compensation in Türkiye was reported to be 855 billion LCU.