News in Brief
Hungary's average wage increases by 31.7% in one year
The average gross wage of full-time employees in February was HUF 546,000 (EUR 1,470).
Wages
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News in Brief
Hungary's wages steadily increase for 108 months straight
Businesses with at least five people on the payroll show the average gross monthly wage for full-time employees is HUF 492,800 (EUR 1,377).
News in Brief
KSH: Wage growth picked up to 10.1% in Nov
The rate of annual wage growth in Hungary picked up to 10.1 percent in November from 8.5 percent in the previous month.
News in Brief
State Secretary: Wages in Hungary have been rising continuously
Currently Hungary has 4.7 million employed against 240,000 registered job-seekers.
News in Brief
KSH: Hungarian wages grew by an annual 9.1% in September
The gross monthly wage for full-time employees averaged HUF 428,100 (EUR 1,165).
News in Brief
KSH: Wage growth continues in Hungary
Wage growth in Hungary quickened to an annual 8.9 percent in August from 7.9 percent in the previous month.
News in Brief
KSH: Hungary wages grew by an annual 7.9 percent in July
Data for businesses and institutions with at least five people on the payroll show the average monthly wage before tax for full-time employees stood at HUF 433,700 (EUR 1,200).
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
Gross wages in Hungary grew by an annual 8.8 percent in October
Compared with ten years ago, gross earnings increased by 97 percent in Jan-Oct 2020, while net earnings without benefits have grown by 99.7 percent.
News in Brief
Doctors to receive massive pay rise
The Hungarian government and the Hungarian Chamber of Doctors (MOK) have agreed to raise doctors’ wages by an “unprecedented” rate, and to “phase out” gratuity payments.
News in Brief
Hungary's wages increased in January but effects of novel coronavirus would be palpable
The Central Statistical Office (KSH) revealed the average gross monthly wage came to HUF 375,200 (EUR 1,050) in January. Net wages also grew by 9.2 percent, to HUF 249,500.
News in Brief
Hungary's average gross wage grows by an annual 13.1 percent
The average gross wage for full-time workers in Hungary grew by an annual 13.1 percent to a monthly HUF 406,388 (EUR 1,200) in December 2019.
News in Brief
PM Orbán on wage hikes, climate protection and running in 2022
During his year-opening press conference on Thursday, the prime minister called it a “fantastic achievement” that the number of jobholders had exceeded 4.5 million “for the first time in thirty years”.