Hungary - Hourly wage over HUF 2,000 - October 31, 2024

The average gross hourly wage of skilled and semi-skilled workers was HUF 2,100 (€ 5.25) in the third quarter, an increase of 13% compared to the same period last year. This is the result of an analysis by a recruitment agency, which analysed the wage data of almost 7,000 employees. The agency expects this wage growth to continue at a rapid pace in the longer term. The current economic policy objectives are likely to lead to a sharp increase in the minimum wage, which will have a significant impact on wages in the lower wage brackets.

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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.
You may find further information on the ETUI at www.etui.org.