GKI: How many people are affected by the mandatory wage increases?
The February business survey of the GKI Gazdaságkutató Zrt. market researcher firm investigated the corporate effects of the minimum wage increase.
The bigger the company, the minimum wage increase affects the less employees. While in the case of businesses under 20 employees, 29 percent of the employees are on minimal wage. This number is 23 percent in the case of companies with 21-50 employees and 14 percent in case of companies with more than 250 employees. (Source: GKI)
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >The GKI business climate index increased slightly in April
According to a survey by GKI Economic Research Ltd. –…
Read more >Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >