By 2027, the Government intends to raise the minimum wage to 50% of the average wage. According to analysis, this ambition would require a significant rise in the minimum wage over the next three years. Over the past decade, Hungary’s minimum wage has remained relatively stable at around 40% of the average wage. The head of the Prime Minister’s Office said that a swift and significant rise in the minimum wage would benefit the country. He noted that such a change would involve dialogue between employers and employees, with the Government acting as a mediator. the current minimum wage in Hungary is HUF 266,800 (€ 677).
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
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