Salary gap at 2,500%
Income inequality in Hungary is on the rise as the salary gap between top executives and lowest-paid employees can be as high as 2,500%, research led by Trenkwalder reveals.
According to a recent report, foreign companies pay on average 10% more than their Hungarian counterparts. Companies participating in the survey are planning 3-4% wage increases on average this year.
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.