Report: Gap between minimum wage, fostered workersʼ wage could widen

Tourism

As the wages of fostered workers are expected to remain unchanged over the year, and the minimum wage is foreseen to rise, the gap between the two might widen, Hungarian online daily Magyar Nemzet reported yesterday.

Full-time fostered workers will earn a gross HUF 79,155 per month, and skilled fostered workers will earn a gross HUF 101,480 per month in 2016, just as they did last year, the daily reported. This year will be the first with no wage raise for fostered workers, since the Hungarian government extended public work schemes in 2011, the daily added. 

Under a government decree published at the end of 2015, the minimum wage of unskilled workers was raised by 5.7% to a gross HUF 111,000 and to a gross HUF 129,000 for skilled workers, the daily said. The government usually revises fostered workersʼ wages by year-end, Hungarian news agency MTI said.

ADVERTISEMENT

Hungary's GDP drop in 2020 slightly better than OECD total r... Analysis

Hungary's GDP drop in 2020 slightly better than OECD total r...

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

Gábor Király named managing officer of Dentons Budapest Appointments

Gábor Király named managing officer of Dentons Budapest

BKK introducing single digital tickets City

BKK introducing single digital tickets

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.