Hungarians would work until age 57, survey reveals

Food

Hungarian employees believe they will have to keep working until the age of 66, though they would only like to work until the age of 57 on average, an international survey by labour market service provider Randstad reveals. The survey covered 200,000 employees from 23 countries including Hungary.

Presenting its findings, Randstad said more than half of Hungarians would prefer to retire before the age of 60, and an additional one third would continue working until the age of 62 utmost. Only one tenth of employees would like to work until the current retirement age of 65.

Nevertheless, Hungarians have a realistic idea of their possibilities of retirement; answering the question as to how long they will have to keep working, interviewees selected the age of 66 on average, managing director of Randstad Hungary Sándor Baja said.

Almost half of Hungarians said they expected to be able to stop working at the age of 63-65, but 34pc said they would not be able to retire before the age of 65.

Interviewees were also asked about the circumstances under which they would be happy to work for longer. Hungarians considered less physical and psychical stress as the most important factor, followed by a more pleasant work atmosphere, shorter working hours and a more relaxed work schedule.

-- Christian Keszthelyi contributed to this article

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya Analysis

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.