04:05 GLOBAL
mind for nearly everyone around the table is usually the same: employee pay rises. Especially the minimum wage. Because this is no longer just a budget line item. For employees, it has become a pressure point where patience is tested, expectations accumulate, and uncertainty touches everyday life directly. That is why pay rise discussions are never just about numbers. They are about emotions as well. In Türkiye, inflation remains structurally high, pay increases and their impact on budgets are far more pronounced, turning wage discussions into an even more sensitive and consequential exercise. What might be a difficult conversation elsewhere
Christmas and New Year are often framed as a pause. A moment to slow down, reflect, and reset. Yet for many organisations, this period is anything but quiet.
That dynamic isn’t confined to movie screens Christmas and New Year are often framed as a pause. A moment to slow down, reflect, and reset. Yet for many organisations, this period is anything but quiet. It is when priorities are revealed, trade-offs are locked in, and unspoken assumptions harden into next year’s reality. It is also the season when budgets stop being theoretical and start becoming final. That is what makes year- end budgeting such a revealing exercise. Not because of the numbers themselves, but because of what we choose to
debate, what we rush through, and what we prefer not to examine too closely. When year-end budgets come onto the agenda, most of us step into almost the same scene. Meetings multiply, discussions tighten, and from the very first minutes it becomes clear which topics will dominate the room. When budgets are mentioned, the first issue that comes to
What might be a difficult conversation elsewhere becomes existential in a high-inflation environment.
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GLOBAL PAYROLL MAGAZINE ISSUE 19
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