RSM: additional contribution reduction is needed to increase competitiveness
Compared to the Visegrád countries, the domestic companies are still at a disadvantage due to the tax and contribution burden on employment. A further reduction would be needed – RSM Hungary states in its analysis.
According to the financial advisory firm, the cost side of labor market competitiveness is well characterized by the evolution of the minimum wage and the average wage bill, and the public burden on wages. (MTI)
Related news
Shops adrift at the sea of costs
2022 was a difficult year for stores. Amidst the depressing…
Read more >The agrarian chambers of the Visegrad countries protest against the duty-free import of Ukrainian grain
The agrarian chambers of the four Visegrad countries call on…
Read more >The agricultural organizations in Central and Eastern Europe have taken a position on the new Common Agricultural Policy in a statement
The agricultural chambers of the Visegrád countries, including the National…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >