57 result(s) for pay hikes
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Hungary Gross Wages Climb 14.4% In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by an annual 14.4% to 297,251 forints (EUR 976) in June, the Central Statistical Office (KSH) said.Net wages grew at the same pace as gross wages did to reach 197,672 forints.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
Hungarian Government: Education Spending Up Significantly
- 1 Feb 2017 6:07 AM
- current affairs
Government spending on education came to 2,000 billion forints (EUR 6.4bn) last year, up significantly from the 1,800 billion forints spent on the sector in 2015, the state secretary for education said on Tuesday. Public school and higher education workers are both set to receive wage increases starting September this year, László Palkovics told a press conference.
Organisation Crucial To Solving Health Sector’s Problems
- 19 Jan 2017 8:50 AM
- health & wellness
The problems faced by Hungary’s health-care system cannot be solved without care organisation, regardless of the amount of money being spent on the sector, the state secretary for health care said on Tuesday.
Demographics Behind Labour Shortage
- 6 Jan 2017 7:00 AM
- current affairs
Hungary’s labour shortage is the result of demographic decline, hence wage hikes will not address the problem, the National Federation of Employers and Industrialists (Mgyosz) vice president Ferenc Rolek told state news channel M1.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Hungary Gross Wages Climb 14.4% In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by an annual 14.4% to 297,251 forints (EUR 976) in June, the Central Statistical Office (KSH) said.Net wages grew at the same pace as gross wages did to reach 197,672 forints.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
Hungarian Government: Education Spending Up Significantly
- 1 Feb 2017 6:07 AM
- current affairs
Government spending on education came to 2,000 billion forints (EUR 6.4bn) last year, up significantly from the 1,800 billion forints spent on the sector in 2015, the state secretary for education said on Tuesday. Public school and higher education workers are both set to receive wage increases starting September this year, László Palkovics told a press conference.
Organisation Crucial To Solving Health Sector’s Problems
- 19 Jan 2017 8:50 AM
- health & wellness
The problems faced by Hungary’s health-care system cannot be solved without care organisation, regardless of the amount of money being spent on the sector, the state secretary for health care said on Tuesday.
Demographics Behind Labour Shortage
- 6 Jan 2017 7:00 AM
- current affairs
Hungary’s labour shortage is the result of demographic decline, hence wage hikes will not address the problem, the National Federation of Employers and Industrialists (Mgyosz) vice president Ferenc Rolek told state news channel M1.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.