HR - Budapest Business Journal

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Labor-related irregularities on the rise

The Ministry for National Economy has revealed labor-related legal infringements at more than 70% of companies inspected in the first...

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Revival of the Employee Stock Ownership Plan in Hungary

As a result of a 2015 amendment, financial institutions, insurance companies, and investment firms may launch an ESOP with the...

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Business leaders to march together at Budapest Pride

This year for the first time, some 100 business leaders will march together at Budapest Pride, at the initiative of...

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Keeping up With Dramatic Changes in the Labor Market

In the last couple of years, we have seen a dramatic turn in the labor market. Whilst there used to...

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Number of NPOs falls slightly in 2015

A total of 62,200 non-profit organisations were operating in Hungary in 2015, around 1,700 less than in 2014, data compiled...

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Study says Hungarian business still discriminates against women

Hungarian employees, including women, perceive a preference for male leaders in business life, while the wages of female staff still...

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Dutcham to host leadership seminar

The Netherlands-Hungarian Chamber of Commerce (Dutcham) is organizing a leadership seminar on September 22, discussing recent trends in managing stress...

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How to earn your employees’ loyalty?

Hiring and training new employees is an expensive and long process, therefore it’s advisable to focus on keeping the high-performing...

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Nokia enjoys SSC success In Budapest

Patrícia Iszak, Head of FSS Record to Report at Nokia, talks about Nokiaʼs SSC business in Budapest, Hungary....

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MTel employees to become entitled to shares

The board of Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, yesterday decided to launch a program,...

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Budapest to host Personal Hungary HR exhibition

Personal Hungary, the 12th exhibition for human resource management, will be held in Budapest on November 11-12 in Millenáris, running...

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MNBʼs payroll increases

The average salaries of National Bank of Hungary employees have grown by 50% in the last five years, MNB Governor...

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Report: Employee commitment increases in Hungary

In Hungary, six out of ten people recommend jobs to friends, placing Hungary higher than the European average, according to...

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To be or not to be (an executive)?

The following article was written by Kinga Hetényi, Managing partner at Schoenherr Hetényi Attorneys at Law....

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Retaining and motivating our greatest assets

The development of the shared service sector plays an increasingly important role in the growth of Hungary’s economy. Currently there...

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Hungary Employment Reaches 4.675 mln in July, Jobless Rate at 4.5%

The average number of employed people aged 15-74 in Hungary stood at 4.675 million in July, while 222,000 people were...

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Hungary’s Manufacturers Turn to ‘New-Collar’ Workers as Skilled Labor Shortage Persists

Hungarian manufacturers are looking beyond formal qualifications as they struggle to find skilled workers, with a growing focus on candidates...

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New Tisza Government Tightens Local Labor Force Protection

Following the election on April 12, the new Hungarian government was sworn into office on May 9. At the time...

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Private Consortium Seeks Gov’t Consultations Over ‘Problematic’ Employment Regs

Employment law on third-country nationals is stifling economic growth and costing Hungarians job opportunities, say recruitment firms and would-be employers....

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Hungary Employment Reaches 4.646 mln in June, Jobless Rate at 4.4%

The average number of employed people aged 15–74 in Hungary stood at 4.646 million in June 2026, while the unemployment...

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Employers Face Severe Shortage of Skilled Workers

A survey by Jobtain shows companies are struggling to recruit physical workers, with many qualified candidates dropping out at the...

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Hungary Employment at 4.654 mln in May, Jobless Rate 4.3%

The average number of employed people aged 15-74 in Hungary stood at 4.654 million in May, while the unemployment rate...

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Student Workers in Hungary Can Expect Average Hourly Wage of HUF 2,180

Students in Hungary can expect an average gross hourly wage of nearly HUF 2,200 this year, while companies are recruiting...

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Hungary Manufacturing Faces Skilled Labor Shortage as Investments Rise

Hungary’s manufacturing sector has reached a critical point as companies face a growing shortage of workers with the right skills,...

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IWG Focuses on Expansion Across Hungary to Meet Demand for Flexible, Hybrid Working

As companies of all sizes increasingly shift toward capital-light operating models, prioritizing flexibility and opting to rent rather than own...

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Gov’t Shuts Down Guest‑worker Permit System

The government has terminated the existing guest‑worker residence‑permit system with immediate effect, closing the channel through which labor‑leasing companies previously...

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Fewer Hungarians Open to Working Abroad Than Last Year, Profession.hu Says

Fewer Hungarians would be open to working abroad than a year ago, although the idea remains attractive to many employees,...

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Bosch Uses Girls’ Day to Make the Case for More Women in STEM and Future Mobility

Bosch used this year’s Girls’ Day in Budapest not simply as a recruitment or CSR exercise, but as a way...

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WHC Urges Talks Over Planned Guest Worker Restrictions

Hungary’s planned ban on the mass recruitment of third-country guest workers from June 1 could put the economy, jobs and...