62% of Hungarians confident in job security

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Some 62% of Hungarian employees are confident their jobs are secure for more than 5 years, while a year ago just 55% of them thought so, insurer BNP Paribas Cardif and polling company Medián said based on their representative joint survey carried out in June, according to novekedes.hu.

The labor market stability index of the survey, which caps out at 100 points, was at 68 points in Q2, down by 2 points from the previous quarter and from Q2 2020. The sub-index measuring the opinion of employees about keeping their current job rose to 80 points from 74 points a year earlier.

The index for confidence of finding a new job easily was up at 60 points from 58 points. Employees, however, were less motivated about keeping their jobs, the sub-index for this was down at 56 points from 60 points.

The share of employees willing to work more for the same pay fell to 46% from 56%.

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