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).
Wages
W
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”.
News in Brief
Government to increase wages and offer scholarships to boost nurse numbers
The Hungarian government has been channeling money back to healthcare since 2010 in order to compensate for what had been taken away from the sector previously.
News in Brief
Higher wages are luring Hungarian workers back home
The main reason for the change is the continuous growth in domestic real wages, together with the Hungarian government's substantial demographic program that offers young couples sizeable financial benefits for having children.
News in Brief
Finance Minister: Hungary’s economy grew three times faster than the EU average in the second quarter
The Finance Minister said that since the current government came into power in 2010, net wages have grown by an accumulated 85 percent, and the gross wage rise between 2010-2018 was the fastest among the Visegrád Four group states.
News in Brief
Wages continue to rise in Hungary
KSH data shows that in May 2019 the average gross wage in Hungary was HUF 364,400 (EUR 1,112).
News in Brief
Hungarian wages grew fastest in the EU last year
Gross wages rose by 11.9 percent in Hungary last year, the fastest growth rate in the European Union
News in Brief
PM Orbán: Hungary offers young people “a safe country and a secure future”
Wages are growing dynamically in one of the safest countries in Europe. “We do not have migrants or terrorist attacks but have work, home and security,” the PM said