521 result(s) for wage increase
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
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.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
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.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Parties Respond To Teachers Strike
- 21 Apr 2016 9:00 AM
- current affairs
Politicians and activists of the Socialist opposition expressed solidarity with teachers in front of the Parliament. Party leader József Tóbiás said that the strike was about common goals and solidarity, and those in power must not be allowed to threaten those who joined the strike.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
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.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
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.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Parties Respond To Teachers Strike
- 21 Apr 2016 9:00 AM
- current affairs
Politicians and activists of the Socialist opposition expressed solidarity with teachers in front of the Parliament. Party leader József Tóbiás said that the strike was about common goals and solidarity, and those in power must not be allowed to threaten those who joined the strike.