In 2023, the minimum wage will be HUF 232,000
The agreement was reached at the Permanent Consultation Forum of the Competition Sector and the Government (VKF); As of January 1, 2023, the minimum wage will be 232,000 forints and the monthly gross amount of the guaranteed minimum wage will be 296,400 forints, the state secretary responsible for employment policy announced at a press conference in Budapest on Thursday.
Sándor Czomba added: all this means a 16 percent increase in the minimum wage and a 14 percent increase in the minimum wage for skilled workers. According to the Secretary of State, they have gone through very important and fruitful negotiations.
Answering MTI’s question, Sándor Czomba said that the agreement will be signed by both the employer and employee side of the VKF, including the Hungarian Trade Union Confederation.
MTI
Related news
New York sets new minimum wage for food-app delivery drivers
Food delivery platforms operating in the city will have to…
Read more >What about a possible uniform minimum wage in the EU?
Austria and Hungary also see that, due to the differences…
Read more >From February, the minimum wage will increase to 167,400 HUF gross
From February 1, the gross value of the minimum wage…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >