Hungarian National Retail Federation: the minimum wage increase may cause problems to the SME sector
The government’s planned minimum wage increase may cause serious problems to the small and medium enterprises (SME) sector in 2017 – the Hungarian National Retail Federation called attention on Friday.
According to the association the small and medium enterprises could only pay out the extra expenditure if the reduction of contributions would compensate their additional costs derive from the wage increase. (MTI)
Related news
The president of the Hungarian Trade Union Confederation proposes a 12.5% increase in the minimum wag
The current level of the Hungarian minimum wage is 50…
Read more >Another wage increase at the British Lidl
The British Lidl announced that it will increase its workers’…
Read more >Katalin Neubauer: We hope that retail can now return to the old, pre-Covid way of funkctioning
In March 2023, the Hungarian retail sector showed promising signs…
Read more >Related news
Challenges and Social Impact of Hungary’s Deposit Refund System
The Deposit Refund System, officially introduced at the beginning of…
Read more >Sustainability of people matters the most
Zoltán Gazsi, company manager of Eisberg has shed light on the human…
Read more >NAK: the corn supply in Hungary is ensured
Based on the amount harvested so far and the crop…
Read more >