News in Brief
Agreement signed to raise Hungary's minimum wage
The monthly minimum wage for unskilled laborers will rise by 15% to 266,800 forints (EUR 704), while the minimum wage for skilled workers will increase by 10% to 326,000 forints...
minimum wage
m
News in Brief
Hungarian government to raise minimum wage
Márton Nagy said further measures to preserve the real value of wages would be needed in 2024.
News in Brief
Hungary increases minimum wage at one of fastest rates in the EU
Compared with 2010, when the Orbán government entered power, the basic monthly minimum wage in Hungary has increased from 73,500 forints (EUR 180) to 200,000, and the minimum wage for...
News in Brief
PM Orbán: Hungary's minimum wage has increased by 172% in 12 years
The government has made it its priority to break with the practice of low minimum wages, to offer jobs rather than benefits, ensure that all those able to work have...
News in Brief
PM Orbán: Hungary's economic growth is a "shared success"
Hungary's economic growth is a "shared success" from which everybody, including pensioners, should benefit.
News in Brief
Sides move closer at minimum wage talks
The government has offered to cut the rate on the small business tax (KIVA) from 11 to 10 percent.
News in Brief
Finance Minister: A “significant” minimum wage hike is needed
Minister Varga and Parragh agreed that state assistance is needed to help small and medium-sized businesses cope with paying a higher minimum wage.
News in Brief
Hungary's minimum wage to increase by 4 percent from Feb. 1
The agreement struck by unions, employers and government representatives contains a further hike from the middle of the year.
News in Brief
Minimum wage to rise by 8 percent
The VKF, a forum of employers unions, and the government agreed to raise the minimum wage for skilled and unskilled workers by 8 percent in both 2019 and 2020.
News in Brief
Hungary's minimum wage to increase by at least 8 percent in 2020
Both the minimum wage and the guaranteed minimum wage will increase by eight percent next year, under the 2019 and 2020 agreement signed at the end of last year.
News in Brief
Hungary’s minimum wage increases by 8 percent
Mihály Varga, minister of Finance, announced that wages will increase by a further 8 percent in 2020
News in Brief
Hungary’s minimum wages are set to increase in 2019
The latest increase means that the Hungarian minimum wage would have more than doubled since the Socialist government was in power in 2009
News in Brief
Hungarian government to increase pensions by 2.7 percent in 2019
Healthcare, law enforcement and public administration workers will receive pay rises, and the minimum wage will also be increased in 2019