Hungarian National Retail Federation: the minimum wage increase may cause problems to the SME sector

By: trademagazin Date: 2016. 11. 21. 11:25

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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)