Has China catched up with Turkey in salaries?

[-SINAN-]

Hi , does turkey company pay you house fund ?
For example , my basic salary is 12,000RMB, additionally my company need to pay me 12000*18%=2160RMB house fund.

No, they won't pay.

 

[Kyle Sun]

No, they won't pay.

How about the pension fund ?
We have house fund/pension fund/medical insurance/jobless insurance/maternity insurance.

 

[-SINAN-]

How about the pension fund ?
We have house fund/pension fund/medical insurance/jobless insurance/maternity insurance.

Hımm.... mate, i don't know that much. You have to search.

 

[Kyle Sun]

Hımm.... mate, i don't know that much. You have to search.

I mean your salary , you are TR ，right ?

 

[-SINAN-]

I mean your salary , you are TR ，right ?

I'm Turkish...

Mate, i don't know what Pension Fund means ?

 

[esolve]

If you are not sick, simply you are jobless, unemployment benefits is the best.
Can you help to translate some similar figures to below article from China side ?
--------------
Turkish unemployment benefits to jump to TL 1,500

December 14, 2010, Tuesday/ 16:52:00

The Turkish government is planning to increase unemployment benefits to between TL 1,000 and1,500 per month with new regulations currently in development.

The Ministry of Labor and Social Security intends to update the system for the calculation of unemployment benefits in Turkey. Under current regulations the unemployment payment is limited to a maximum of 80 percent of the gross minimum monthly wage as determined by the government -- that is, there is no consideration of an applicant’s most recent salary prior to becoming unemployed. This means that up until now the highest unemployment payment could not exceed TL 608 per month.

With the new regulations being proposed by the Labor Ministry, unemployment benefits will be calculated by considering the social security premium of the person paid to the state. Based on current social security premiums in Turkey, the unemployed may be entitled to a monthly payment of between TL 1,000 and TL 1,500 per month.

Moreover, the government aims to also increase the coverage of unemployment benefits so that more people are able to access them. Over half of the 10 million people registered with the Social Insurance Institution (SGK) are in reality earning above the minimum award wage, but their social security premiums are being submitted by their current employer based on the minimum award wage rate. Due to this shortfall the state incurs losses of billions of Turkish lira each year. Companies are being encouraged to pay the insurance premiums for their employees -- and in the case of business owners, pay their own -- social security premiums to accurately reflect the actual salary being earned, as the unemployment wage will be determined based on these social security premiums. This will also mean that it will be important for employees to check whether their employer is submitting the correct social security premium amount on their behalf.

Approximately only 2 million unemployed people have received unemployment payments since the current system was implemented. During the month of November this year, 165,000 people received unemployment benefits in Turkey.

To be eligible for unemployment benefits in Turkey, the criteria are that the individual must have been fired through no fault of their own, after having worked consecutively for 120 workdays prior to becoming unemployed and having paid social security premiums of greater than 600 working days in a three-year period. Unemployed individuals who have contributed a minimum of 600, 900 or 1,080 working days in social security premiums can be eligible to receive unemployment benefits for a period of up to six, eight or 10 months, respectively.

Many people are not eligible to access unemployment benefits because of the stipulation that a person must have been gainfully employed and paid social security premiums for a minimum of four consecutive months prior to becoming unemployed. With the proposed changes to the regulations, in addition to increasing the unemployment benefit rate, the government aims to make it easier for individuals to meet the criteria for unemployment benefits.

TL 45 billion accrued in unemployment fund
The unemployment payment system has been implemented in Turkey over the last eight years. In this period more than 2 million people have received unemployment benefits, while there have been 2.47 million applications since March 2002. The state has paid unemployment benefits to eligible applicants totaling TL 3.69 billion in this time. The SGK Unemployment Insurance Fund currently has an accrued balance of TL 45 billion.

the so-called 1500 TL is the maximum amount. It is higher than the minimum salary in Turkey, how could that be possible? if so, then all labor with minimum wage will stop working and earn the unemployment compensation.

And as the articles says, a lot of ppl are without this benefits, because they didn't pay the unempolyment insurance fee. So insurance fee is not the tax, but additional fees.

In China, there are unemployment benefits, but the amount is not much, around 900 Yuan.Many ppl don't care about this coz it is very easy to find a job in China. But in Turkey, 18% of the young ppl are unemployed, so it is important.

 

[esolve]

I'm Turkish...

Mate, i don't know what Pension Fund means ?

in China, the house fund is put into the employees's house fund account.
For example, if he earns 5000 Yuan per month, if the company pays 10%, then 500 Yuan will be put into his house fund account every month.
When he wants to buy an apartment, he can use that money for house, or he can use it for rent.

pension means the salary after you retire.

 

[-SINAN-]

in China, the house fund is put into the employees's house fund account.
For example, if he earns 5000 Yuan per month, if the company pays 10%, then 500 Yuan will be put into his house fund account every month.
When he wants to buy an apartment, he can use that money for house, or he can use it for rent.

pension means the salary after you retire.

Mate, there are things like that in Turkey too, for example they pay you extra if you have children and stuff like that. But i don't know the details much. I only care for the money they pay for me at the end of the month.

But i don't think there is any additional for payment for housing... as housing is not a problem in Turkey.

 

[esolve]

Mate, there are things like that in Turkey too, for example they pay you extra if you have children and stuff like that. But i don't know the details much. I only care for the money they pay for me at the end of the month.

But i don't think there is any additional for payment for housing... as housing is not a problem in Turkey.

wow, in most countries, housing is a big issue. I heard that in Turkey is a paradise, can you tell me how much is the house price? like how much for one square meter in different cities in Turkey?

 

[tonyget]

But i'm fine my country, i won't leave my country for any amount of money.

I like that attitude

 

[-SINAN-]

wow, in most countries, housing is a big issue. I heard that in Turkey is a paradise, can you tell me how much is the house price? like how much for one square meter in different cities in Turkey?

Mate, it differs very much...

But i can say in general it starts around 300TL to 1200 TL ( 800 - 3200 RMB )

For 1200 TL, you can rent 130-140 m2 house with one saloon and 4 rooms, in quality districts. I'm talking for Ankara ( Capita)

Istanbul is a bit expensive, rest of the cities are cheaper.

 

[Targon]

wow, in most countries, housing is a big issue. I heard that in Turkey is a paradise, can you tell me how much is the house price? like how much for one square meter in different cities in Turkey?

Buying price ? buying is not easy, but neither imposible. for renting, there is good rents for everyone, I guess a proper house's rent in an a slightly below average/no luxury district varies between 300-500 liras, it goes up changing from district to district and quality. Overally housing is not a big problem I guess.

But additional stuff to salary, I'm not so knowlodged either but I know insurance(for but health and pension) is compulsory and you get extra money for children etc. But never heard about house funding.

Edit: Yeah Istanbul can be a exception, as its too crowded.

 

[esolve]

Mate, it differs very much...

But i can say in general it starts around 300TL to 1200 TL ( 800 - 3200 RMB )

For 1200 TL, you can rent 130-140 m2 house with one saloon and 4 rooms, in quality districts. I'm talking for Ankara ( Capita)


renting also varies in China, in small cities, several hundred Yuan for an apartment, in big cities, several thousand Yuan.


but, dude, I'm asking about buying, not renting...


Istanbul is a bit expensive, rest of the cities are cheaper.

Mate, it differs very much...

But i can say in general it starts around 300TL to 1200 TL ( 800 - 3200 RMB )

For 1200 TL, you can rent 130-140 m2 house with one saloon and 4 rooms, in quality districts. I'm talking for Ankara ( Capita)

Istanbul is a bit expensive, rest of the cities are cheaper.

@Sinan said housing is not a problem, but you say it is not easy to buy a house....
who is right?

 

[-SINAN-]

@Sinan said housing is not a problem, but you say it is not easy to buy a house....
who is right?

Hımm, it's more like.

Renting is no problem, but buying is not that easy. We are saying the same thing with Targon.

 

[Aepsilons]

wow, in most countries, housing is a big issue. I heard that in Turkey is a paradise, can you tell me how much is the house price? like how much for one square meter in different cities in Turkey?

Turkey is relatively large country and they don't have a problem with space as compared to more overpopulated countries like say China, India. Imagine, Turkey is over 783,000 square kilometers; the population is 76 million.