258 result(s) for minimum wage
Rate Of Low-Wage Earners In Hungary Close To EU Average
- 11 Dec 2016 6:00 AM
- business
Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows. Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage.
Teachers’ Salaries Unaffected By Mandated Minimum Wage Increases In Hungary
- 29 Nov 2016 8:00 AM
- current affairs
Teachers Trade Union (PSZ) president Mrs. István Galló says teachers have been worse off by as much as HUF 30,000 (USD 105) a month since the government eliminated a law tying their wages to minimum wage.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Orbán: Wage Deal Result Of Hard Work
- 25 Nov 2016 8:00 AM
- business
The agreement between the government and its social partners on minimum wage increases in 2017 and 2018 was made possible by the hard work of “millions of Hungarians”, Prime Minister Viktor Orbán said at the signing of the wage deal in the Economy Ministry.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
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.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Bread Prices Likely To Spike
- 23 Nov 2016 8:00 AM
- shopping
With salaries needing to be raised in the industry in order to keep hold of workers, the price of bread could be hiked by 30% as of January, Hungarian daily Magyar Hírlap reported, according to index.hu.
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.
Rate Of Low-Wage Earners In Hungary Close To EU Average
- 11 Dec 2016 6:00 AM
- business
Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows. Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage.
Teachers’ Salaries Unaffected By Mandated Minimum Wage Increases In Hungary
- 29 Nov 2016 8:00 AM
- current affairs
Teachers Trade Union (PSZ) president Mrs. István Galló says teachers have been worse off by as much as HUF 30,000 (USD 105) a month since the government eliminated a law tying their wages to minimum wage.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Orbán: Wage Deal Result Of Hard Work
- 25 Nov 2016 8:00 AM
- business
The agreement between the government and its social partners on minimum wage increases in 2017 and 2018 was made possible by the hard work of “millions of Hungarians”, Prime Minister Viktor Orbán said at the signing of the wage deal in the Economy Ministry.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
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.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Bread Prices Likely To Spike
- 23 Nov 2016 8:00 AM
- shopping
With salaries needing to be raised in the industry in order to keep hold of workers, the price of bread could be hiked by 30% as of January, Hungarian daily Magyar Hírlap reported, according to index.hu.
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.














