Don’t expect wage rise now

By: Trademagazin editor Date: 2020. 09. 18. 11:25

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The share of small and medium-sized enterprises thinking about raising wages fell sharply on the basis of the latest data of the K&H SME Confidence Index.

While in the previous quarter, 70 percent of the companies planned a wage increase, currently only four out of 10 believe so. In contrast, the proportion of those companies thinking about reduction has risen to 12 percent, which has not been the case for years.