Large number of cafeteria benefits expected from Hungarian SMEs

Seven from ten SMEs plan to give their employees some kind of cafeteria benefit and this is a very big increase from the level measured a year ago – revealed the latest K&H SME confidence index. Viktor Zoltán Kovács, the head of K&H Bank’s SME marketing division told that the reason of this rise is probably the fact that businesses are now comfortable with the new rules.

The most popular cafeteria benefit is travel reimbursement (34 percent of enterprises plan to offer this to employees), followed by tax-free cash up to HUF 100,000 (27 percent of companies intend to give this to workers) and a 13th-month pay (20 percent of SMEs aim to offer this to their staff). The bigger a company is, the more likely it is to offer workers cafeteria benefits: only 62 percent of micro-businesses consider offering cafeteria benefits, this proportion is 72 percent among small and 76 percent among medium-sized businesses. //