European wages far away
315 companies took part in a survey conducted by Hay Group Management Consulting Kft, participants stated that they are planning 5.6% to 6% wage increase in 2008.
Total staff employed by these strong, capitalized companies
is over 300,000. Lower increase will apply to physical workers, while experts,
skilled staff and managers are planned to get higher wage increases. Budapest
positions pay 16% more than the average, those in Western Hungary 3% more,
while in Eastern Hungary 12% less. The best paid field is IT (17% more than the
average), followed by marketing (14% more) and accounting (5% more). Direct
production pays 9% less than the average.
International comparison shows how low Hungarian wages are:
workers get twice or three times more salary in Portugal and Spain,
respectively, while 5.5 times more in Denmark.
Related news
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >