Despite mass redundancies on the horizon, especially in the hospitality sector, Hungarian trade unions are pushing for a rise of minimum wage. Minimum wage to rise in 2020 Negotiations on advanced pay cuts, review of previously set minimum wages and payroll adjustment for state-owned employees will begin in the next few days. Minister Selçuk announced that the minimum wage, which concerns 7 million people, was determined as gross 2021 thousand 3 lira 577 kuruş, net 50. Socialists call for European minimum wage of EUR 750 The minimum wage in every European Union member state should be raised... By MTI-Hungary Today // 2019.03.28. Employers not subject to the minimum wage law can pay employees wages of their choosing. Expect a fierce debate around minimum wage in 2021 Hungarian gross and net wages rose by 8.8% year-on-year in September, depicting the slowdown since the summer. He announced the minimum wage, which will be valid as of January 1, 2021, to the press. 2 lira 825 kuruş for 90. Pursuant to Public Act 101-0001. The state minimum wage for 2020 is $9.45/hr. The almost double-digit wage growth continues in Hungary, but the public sector is slowing the pace of growth. Minimum wage with effect from January 1, 2020 Minimum wage with effect till December 31, 2020 Minimum Wages - last checked - 12/31/19 HUF926.00 HUF7,410.00 read also: Hungarian employers want to freeze the minimum wage For the period January-September, wage growth reached 9.8 percent. ; Tipped employees may be paid 60% of the hourly minimum wage. On Tuesday employers and employees organisations will meet with government officials to discuss the minimum wage for 2021. New employees (first 90 days of employment) over the age of 18 may be paid up to 50 cents less per hour. | Zehra Zümrüt Selçuk, Minister of Family, Labor and Social Services, announced the decision regarding the minimum wage, which concerns 7 million people. Hungarian Insider Send an email November 14, 2019 Beginning, January 1, 2020, if a worker under 18 works more than 650 hours for the employer during any calendar year, they must be paid the regular (over 18 wage). National negotiations on the 2021 minimum wage and guaranteed wage minimum had beg u n at the Permanent Consultation Forum o f the Competiti ve Sector and the Government on 28 October, but the social partners had not yet brought exact figures to the table at that time.O n 24 November, however, both sides brought forward their proposals. What Will The Minimum Wage Hike Affect? Employers engaged in retail or service businesses whose annual gross income is less than $500,000 are not required to pay the state minimum wage rate. Kovács plans on getting hundreds of international organizations and actors to attend and promote the 2021 World Expo in Hungary, and thus, along with his team, will be attending all major events and fairs that deal with hunting, nature and fishing in the next year to promote it. From 1 January 2021 Evolution of Minimum Wage in Spain (courtesy of PORCENTUAL) The minimum wage in Spain has once again become the focus of fierce debate within the coalition PSOE / Unidas Podemos government, with calls on one side to raise it again in 2021 being met …
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