ADVERTISEMENT

Trade unions protest proposed changes to overtime rules

Tourism

Trade union association MaSzSz has protested a bill submitted to Parliament on Tuesday by MPs of governing Fidesz that would extend the period employers may account overtime for the purpose of calculating wages and rest days from twelve months to three years, state news agency MTI reported.

MaSzSz Chairman Lászlo Kordás complained that the bill would also raise the upper threshold for annual overtime from 250 to 400 hours.

If the bill is passed, it could allow employers to require workers to be on the job from morning till night for periods of up to four weeks, without a day off, he said.

The billĘĽs authors justified the measures by citing the "draining effect on the supply side of the labor market," as well as "positive economic trends and the needs of the labor market."

The bill would be especially helpful for branches of the economy in which product cycles are as long as 6-7 years for adjusting output to demand, they added.

ADVERTISEMENT

Hungary Inflation Rate at 21.5% in May Figures

Hungary Inflation Rate at 21.5% in May

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Industrial Production Declines in April Manufacturing

Industrial Production Declines in April

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov... History

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...

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.