Labor market watchdog fines 5,486 companies in first nine months

Hungarian labor market watchdog OMMF has investigated 16,500 companies in the first nine months, uncovering irregularities regarding employees at 8,239 of them and imposing fines of a combined HUF 1bn on 5,486, business daily Napi Gazdaság reported on Tuesday.
OMFF found some form of irregularities at 44% of the 160,000 employees checked in the period.
Late payments constitute 10% of all uncovered irregularities, the paper wrote. Other frequent problems related to holidays, overtime and wages.
Napi added that more and more companies go "phantom" after a first inspection, with their tax numbers revoked or even under liquidation during a planned second phase of investigation by the OMMF.
The sector employing most illegal laborers has shifted from the construction industry to security firms, OMMF figures show.
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