65 result(s) for gross wages
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Hungarian Govt Drawing Up 10-Year Programme
- 19 Aug 2016 9:00 AM
- current affairs
The government is drawing up a social programme for the 10- year period starting in 2018, János Lázár, the government office chief, said at a regular government news conference. “There are big issues that we have to deal with after 2018,” Lázár said, citing the conclusion of the latest European Union financing period, which ends in 2020.
Budapest Short Of Bus Drivers
- 9 Aug 2016 9:00 AM
- getting around
At a time when some 150 buses are needed as replacements for metro lines undergoing repairs, city transport authorities are still looking for a total of 300-400 drivers to fill the gap, reports news portal origo.hu.
Hungary Retail Sales Up 5.7 Pc In June
- 4 Aug 2016 10:00 AM
- shopping
Retail sales in Hungary climbed by 5.7 percent in June from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Wednesday show. Retail sales also rose by 5.7 percent year on year when adjusted for calendar year effects. The pace slowed from an unadjusted 6.8 percent and was unchanged from a calendar-year-adjusted 5.7 percent rise in May.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Hungarian Govt Drawing Up 10-Year Programme
- 19 Aug 2016 9:00 AM
- current affairs
The government is drawing up a social programme for the 10- year period starting in 2018, János Lázár, the government office chief, said at a regular government news conference. “There are big issues that we have to deal with after 2018,” Lázár said, citing the conclusion of the latest European Union financing period, which ends in 2020.
Budapest Short Of Bus Drivers
- 9 Aug 2016 9:00 AM
- getting around
At a time when some 150 buses are needed as replacements for metro lines undergoing repairs, city transport authorities are still looking for a total of 300-400 drivers to fill the gap, reports news portal origo.hu.
Hungary Retail Sales Up 5.7 Pc In June
- 4 Aug 2016 10:00 AM
- shopping
Retail sales in Hungary climbed by 5.7 percent in June from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Wednesday show. Retail sales also rose by 5.7 percent year on year when adjusted for calendar year effects. The pace slowed from an unadjusted 6.8 percent and was unchanged from a calendar-year-adjusted 5.7 percent rise in May.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).