No pay rise for those who make more than the minimum wage

By: trademagazin Date: 2011. 12. 12. 10:29

According to a new survey by GKI, about 79% of Hungarian companies with annual net revenue over 250 million HUF plan to use the increase in the minimum wage as a cap for pay rises across the board.

The survey shows 13% of the companies plan to keep wages unchanged or at most raise them at the rate of inflation, while 8% expect to raise wages under the increase in consumer prices.

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