gelişim üniversitesi
  Sustainability Web Page -
İstanbul Gelişim Üniversitesi Logosu
Gelişim Üniversitesi
  1.   Homepage
  2. Sustainability Web Page
  3. Expenditure per employee

8. Decent Work and Economic Growth

8.1 Research on economic growth and employment 8.1.1 Decent Work and Economic Growth: CiteScore 8.1.2 Decent Work and Economic Growth: publications 8.2 Employment practice 8.2.1 Employment practice living wage 8.2.2 Employment practice unions 8.2.3 Employment policy on discrimination 8.2.4 Employment policy modern slavery 8.2.5 Employment practice equivalent rights outsourcing 8.2.6 Employment policy pay scale equity 8.2.7 Tracking pay scale for gender equity 8.2.8 Employment practice appeal process 8.2.9 Employment practice labour rights 8.3 Expenditure per employee 8.4 Proportion of students taking work placements 8.5 Proportion of employees on secure contracts 8.6 IGU Activities on decent work and economic growth
SDG8 Logo

8. Decent Work and Economic Growth

8.3 Expenditure per employee

IGU is a key institution contributing to the economic development of its region. Beyond its educational activities, the university supports the local economy through employment, service procurement, infrastructure investments, and community projects. Expenditure per employee is considered within a broad framework that includes salaries, social benefits, education, healthcare, transportation, food, and cultural needs. In this respect, IGU stands out not only as an educational institution but also as a sustainable actor in regional development.

The university’s economic impact extends beyond the welfare of its employees; it also contributes directly to the regional economy through local service providers, suppliers, social events, and student spending. Therefore, the indicator of expenditure per employee demonstrates not only the institution’s internal welfare policies but also its structural contribution to economic growth in Istanbul and its surrounding areas.

IGU generates significant economic value with its annual expenditure per employee, which is well above the national standards. According to 2024 data, the university’s annual expenditure for each employee is approximately 4.5 times higher than the annual minimum wage in Türkiye. This ratio highlights the university’s strong commitment to protecting employees’ living standards and ensuring that their needs in food, transportation, housing, healthcare, education, and social life are met beyond the minimum threshold. Furthermore, this level of expenditure not only enhances internal welfare but also contributes directly to local economic development.

The figure below illustrates the comparison between IGU’s annual expenditure per employee and the national annual minimum wage in Türkiye for 2024.

A = Annual minimum wage for an employee in Türkiye in 2024


Figure 6. Comparison between annual expenditure per IGU employee and the annual minimum wage in Turkey