1,161 result(s) for wage
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Hotels Face Dire Labour Shortage
- 13 Dec 2016 1:00 AM
- business
A stunning 93% of hotels say they are not able to fill job vacancies, Világgazdaság writes, citing a representative survey of the Hungarian Hotel and Restaurant Association (MSZÉSZ).
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
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.
Government Office Chief Refers Pisa Results To Education Roundtable
- 9 Dec 2016 5:54 AM
- current affairs
The government has instructed the human resources minister to call an education roundtable with teachers’ unions and education organisations to review recently published results of the PISA 2015 tests, government office chief János Lázár told a weekly government news briefing.
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.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
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: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Hotels Face Dire Labour Shortage
- 13 Dec 2016 1:00 AM
- business
A stunning 93% of hotels say they are not able to fill job vacancies, Világgazdaság writes, citing a representative survey of the Hungarian Hotel and Restaurant Association (MSZÉSZ).
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
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.
Government Office Chief Refers Pisa Results To Education Roundtable
- 9 Dec 2016 5:54 AM
- current affairs
The government has instructed the human resources minister to call an education roundtable with teachers’ unions and education organisations to review recently published results of the PISA 2015 tests, government office chief János Lázár told a weekly government news briefing.
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.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
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: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.















