Menu Close

Government Agrees to Minimum Wage Hike

Népszava reports that the government has essentially agreed to an increase in the minimum wage from next year, after talks ended in the Competitive Sphere and Permanent Governmental Consultation Forum yesterday. LIGA Trade Union leader Melinda Mészáros stated that starting in January, monthly minimum wage will be 200,000 Forints and “guaranteed” minimum wages will be 260,000 Forints a month.

In exchange for this significant increase in the minimum wage, the government has agreed to reduce the tax burden on employers by 4%, also starting in January of next year.

The language of the agreement still has to be worked out next week, according to union leader Mészáros.

close
logo

Afraid you'll miss out on Hungarian political news?

Sign up for our weekly newsletter!

By subscribing you agree to receive our newsletter and agree with our privacy policy.

Posted in Economy

Related Posts