Employers, Unions Sign Minimum Wage Agreement

Deals

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Representatives of employers and unions signed an agreement on next year's minimum wage rise on Wednesday, according to a report by state news wire MTI.

Under the agreement, the monthly minimum wage for unskilled laborers will rise by 16% to HUF 232,000, while the minimum wage for skilled workers climbs 14% to HUF 296,400 from January 1.

Around 730,000 people are paid the minimum wage for skilled workers, while 230,000 get the minimum wage for unskilled laborers.

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