Employers back changes to overtime, but as option not rule

History

Employers back a proposal by MPs of governing Fidesz to extend the period for accounting overtime and to raise the threshold for overtime hours, but they believe the motion should be made an option rather than a rule, Hungarian news agency MTI reported.

Decisions on whether to adopt the longer overtime accounting period and the higher number of overtime hours should be taken within the framework of collective contracts between employers and their employees, Ferenc Rolek, deputy head of the Confederation of Hungarian Employers and Industrialists (MGYOSZ), said on Tuesday.

This is the consensus of nearly all employers, including the National Association of Entrepreneurs and Employers (VOSZ), and the Hungarian National Federation of Consumer Co-operative Societies and Trade Associations (ÁFEOSZ-COOP), he added.

Rolek was speaking after a meeting of the monitoring committee of the VKF, a consultative forum of employers, unions, and representatives of the government.

Views on the proposal could be aired by the governmentʼs social partners at a cabinet meeting on Wednesday, he said.

The bill submitted by Fidesz MPs would extend the period employers may account overtime for the purpose of calculating wages and rest days from 12 months to three years. It would also raise the upper threshold for annual overtime from 250 to 400 hours.

ADVERTISEMENT

Pandemic has only moderate impact on big companies Analysis

Pandemic has only moderate impact on big companies

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.