Half of Hungarians seek greater job security post-pandemic

Analysis

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Half of Hungarians say they desire or expect greater job protection after COVID-19 has passed, according to a survey by staffing company Randstad, state news wire MTI reports.

In the whole of Eastern Europe, 39% of respondents said increased job security would be important after the pandemic.

The survey, conducted in Q4 2020, shows 11% of Hungarians have a significant fear of losing their jobs, up from 5% a year earlier. That rate is under 5% in the food and telecommunications industries, but as high as 25% in the automotive industry.

Around 59% of Hungarians desire or expect salary protection, a little under the 64% rate for all of Eastern Europe.

About 8% of Hungarians said they were prepared to take a pay cut to keep their jobs and 14% said they would work longer hours for the same remuneration.

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