88 result(s) for higher minimum wage
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Prison Chief: More Inmates Work, Less Crime Committed
- 31 Oct 2016 8:00 AM
- current affairs
The higher the employment rate among prisoners, the lower the number of crimes committed against each other, Hungary’s outgoing prison chief András Csóti told MTI in an interview. Last year, the number of prison crimes involving serious bodily harm dropped from 89 to 73, reported sexual offences fell from 37 to 30, the number of coercions from 117 to 105 and the number of robberies from 22 to 16, ...
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
No One Wants To Work Here In Hungary
- 17 Jul 2015 12:35 PM
- current affairs
Hungarian magazine Hetek recently published an article which explored job opportunities, or lack thereof, around Hungary. The magazine looked at job listings, called employers looking to hire, spoke to employees, and looked at studies that sized up work-related stress among employees and managers. Working in Hungary, it turns out, is not that easy.
Hungarian Health Care Workers Earn 1/10th That Of Their Western Counterparts
- 9 Mar 2015 8:00 AM
- health & wellness
The people need to understand that we are not talking about how much residents or expert doctors make, but whether they will be treated when they go to hospital, says Tamás Dénes, President of the Hungarian Residents Association. Doctors and expert health workers are moving abroad because of low wages and poor working conditions.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Prison Chief: More Inmates Work, Less Crime Committed
- 31 Oct 2016 8:00 AM
- current affairs
The higher the employment rate among prisoners, the lower the number of crimes committed against each other, Hungary’s outgoing prison chief András Csóti told MTI in an interview. Last year, the number of prison crimes involving serious bodily harm dropped from 89 to 73, reported sexual offences fell from 37 to 30, the number of coercions from 117 to 105 and the number of robberies from 22 to 16, ...
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
No One Wants To Work Here In Hungary
- 17 Jul 2015 12:35 PM
- current affairs
Hungarian magazine Hetek recently published an article which explored job opportunities, or lack thereof, around Hungary. The magazine looked at job listings, called employers looking to hire, spoke to employees, and looked at studies that sized up work-related stress among employees and managers. Working in Hungary, it turns out, is not that easy.
Hungarian Health Care Workers Earn 1/10th That Of Their Western Counterparts
- 9 Mar 2015 8:00 AM
- health & wellness
The people need to understand that we are not talking about how much residents or expert doctors make, but whether they will be treated when they go to hospital, says Tamás Dénes, President of the Hungarian Residents Association. Doctors and expert health workers are moving abroad because of low wages and poor working conditions.