64 result(s) for minimum wage in Business
Lidl Announces 15% Pay Increase
- 15 Jun 2016 9:00 AM
- business
Lidl Magyarország will increase the wages of all of its non-executive staff by 15%, effective from July 1, the discount retail chain has announced. Lidl raised salaries by 5% as recently as March. About 90% of Lidl’s 4,000 employees will benefit from the new raise.
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 ...
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
Hungary’s EU Commissioner: Fiscal Rigour Not Enough To Revive Economy
- 14 Oct 2014 9:00 AM
- business
Fiscal rigour in itself is not sufficient to resolve economic problems arising from the global crisis; employment and social issues also need to be addressed, László Andor, Hungary’s European commissioner for employment, welfare and social inclusion, told a conference in Budapest on Monday.
Hungary’s Left Opposition Pledges Income Tax Changes Would Benefit Earners Below Huf 280,000
- 11 Mar 2014 8:00 AM
- business
All people earning below 280,000 forints (EUR 900) a month before tax would “do well” out of changes to the multi-bracket income tax system proposed by the left-of-centre Unity opposition alliance, a senior alliance politician said on Monday.
Minimum Wage In Hungary To Rise Above Ft 101,500
- 3 Dec 2013 8:00 AM
- business
The minimum monthly wage is set to rise by 3.6% next year to Ft 101,500, outpacing inflation, as agreed by employee and employers groups in the Government Standing Consultation Forum, state secretary Sándor Czomba announced.
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Hungarian Gov’t To Ease Wage Burden For Young New Hires
- 20 Sep 2012 9:01 AM
- business
Employers that hire college or university graduates aged 25 or less will be exempt from paying social contributions on their salaries for two years, under a new Economy Ministry proposal, state secretary Sándor Czomba announced yesterday.
Employer Association In Hungary Welcomes Minimum Wage Cut
- 12 Jun 2012 9:01 AM
- business
Establishing a lower minimum wage requirement for career starters, who have no skills or work experience, might help tens of thousands of young people to get a job, Ferenc Dávid of employer association VOSZ said. VOSZ will support the initiative if it is fair and supported with feasibility calculations, Dávid added.
Lidl Announces 15% Pay Increase
- 15 Jun 2016 9:00 AM
- business
Lidl Magyarország will increase the wages of all of its non-executive staff by 15%, effective from July 1, the discount retail chain has announced. Lidl raised salaries by 5% as recently as March. About 90% of Lidl’s 4,000 employees will benefit from the new raise.
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 ...
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
Hungary’s EU Commissioner: Fiscal Rigour Not Enough To Revive Economy
- 14 Oct 2014 9:00 AM
- business
Fiscal rigour in itself is not sufficient to resolve economic problems arising from the global crisis; employment and social issues also need to be addressed, László Andor, Hungary’s European commissioner for employment, welfare and social inclusion, told a conference in Budapest on Monday.
Hungary’s Left Opposition Pledges Income Tax Changes Would Benefit Earners Below Huf 280,000
- 11 Mar 2014 8:00 AM
- business
All people earning below 280,000 forints (EUR 900) a month before tax would “do well” out of changes to the multi-bracket income tax system proposed by the left-of-centre Unity opposition alliance, a senior alliance politician said on Monday.
Minimum Wage In Hungary To Rise Above Ft 101,500
- 3 Dec 2013 8:00 AM
- business
The minimum monthly wage is set to rise by 3.6% next year to Ft 101,500, outpacing inflation, as agreed by employee and employers groups in the Government Standing Consultation Forum, state secretary Sándor Czomba announced.
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Hungarian Gov’t To Ease Wage Burden For Young New Hires
- 20 Sep 2012 9:01 AM
- business
Employers that hire college or university graduates aged 25 or less will be exempt from paying social contributions on their salaries for two years, under a new Economy Ministry proposal, state secretary Sándor Czomba announced yesterday.
Employer Association In Hungary Welcomes Minimum Wage Cut
- 12 Jun 2012 9:01 AM
- business
Establishing a lower minimum wage requirement for career starters, who have no skills or work experience, might help tens of thousands of young people to get a job, Ferenc Dávid of employer association VOSZ said. VOSZ will support the initiative if it is fair and supported with feasibility calculations, Dávid added.