Trademagazin > News and articles > Market News > From February, the minimum wage will increase to 167,400 HUF gross
From February, the minimum wage will increase to 167,400 HUF gross
From February 1, the gross value of the minimum wage will increase to 167,400 HUF and the gross value of the guaranteed minimum wage to 219 thousand HUF, which means a wage increase of almost 4 percent, said the State Secretary for Employment Policy of the Ministry of Innovation and Technology (ITM) at a press conference in Budapest.
Bodó Sándor added: the wage agreement also stipulates that if the social contribution tax (szocho) on employers decreases from the current 15.5 percent to 13.5 percent during the year, the minimum wage will automatically be 169 thousand HUF gross per month, while the guaranteed minimum wage will be gross increases to 221,100 HUF. (MTI)
Tags: magyar gazdaság, minimálbér
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >
More related news >
Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >