Unexploited potential in dual trade education

Only a few tourism and hospitality businesses have joined the system of higher trade education so far, in spite of the fact that in the long run it would really pay off for them to employ students. On 30 June Budapest Business School’s (BGE) Faculty of Commerce, Hospitality and Tourism hosted an online roundtable discussion, titled “Dual Trade Education Reloaded”. Professor and dual trade education coordinator János Debreceni spoke about the programme, the experiences so far, and the advantages and challenges to the representatives of more than 30 tourism and hospitality enterprises.

As part of the programme, besides their studies, students work at a partner company for four years. Ever since its launch back in 2014, the system of dual trade education has been criticised for being costly. It is true that partner businesses have to pay 65% of the monthly minimum wage to the student, but as a new element of the programme, the students’ annual employment cost for the enterprise can be reduced to 40%, with the help of the so-called social contribution tax relief. //

The above article is available for reading on p 140 of Trade magazin 2022.08-09.