Mercedes Factory in Kecskemét Raising Wages

The Hungarian management of the Mercedes factory in Kecskemét (95 km southeast of Budapest) has agreed on a two-stage wage increase of 24% with the trade unions representing the workers, reports index.hu.
The portal's information was also confirmed by Mercedes-Benz Manufacturing Hungary Kft., which employs 4,500 people.
The basic salary of all employees will increase by 17% from January 1 and then by another 7% from August 1.
Depending on the evolution of inflation, employees will receive a separate quarterly payment and a profit share, so their wages may increase by up to 30% compared to the current one.
ADVERTISEMENT
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.