Young Hungarians expect high salaries
British Telecom and pollster Medián polled 9,000 Hungarians aged 14-25 about their salary expectations. According to the findings, cited by online news portal index.hu, young people are reluctant to work for less than HUF 270,000 per month.
While employers have a fair knowledge about the labor market expectations of those born in the 1980s and 1990s, there is almost no information available about the generation currently aged 14-25, that is those now in high school or higher education.
According to the findings of a poll conducted by British Telecom and Medián, the so-called "Z" generation considers money primarily important, and this would be the main factor in choosing a job, while the stability of the job and good morale at work ranked second and third in importance, index.hu reports.
Corporate social responsibility or the reputation of the employer showed to be almost totally irrelevant to young people, but they do have very specific opinions about the salaries they expect.
On average, a HUF 269,000 monthly gross wage is considered acceptable, though HUF 420,000 is seen as pretty decent money. Young men said they consider a monthly salary of HUF 470,000 as ideal, while young women put this at HUF 370,000. More than one-third of young people are considering going abroad to work, and 9% said they would certainly leave, most of them to the United States, United Kingdom or Germany.
As for skills, about one quarter of the "Z" generation aim to study or are already studying business, 22% want to become IT professionals, and 21% engineers. Only 6% said they would be doctors, and most of these said they would leave the country after graduation. This could be very bad news for the Hungarian healthcare system, index.hu notes.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.