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Hungary: Employers and unions make new minimum-wage proposals

Employers have raised their proposed monthly minimum wage to HUF 70,000 (€268.50) from HUF 69,000, while trade unions have reduced their proposed monthly minimum wage to HUF 75,500 from HUF 76,500, employer and union representatives said at a Friday meeting of the National Interest Coordination Council.  

National Alliance of Employers and Entrepreneurs General Secretary Ferenc David said that the organization would maintain its proposed HUF 86,500 monthly mimimum for skilled workers, while suggesting a 0-3% general wage increase. National Alliance of Hungarian Trade Unions (MSZOSZ) President Péter Pataky said that the organization agreed with the notion of a band-based wage-increase, though rejected the recommended band, particularly the possibility of a 0pc wage increase.

Prime Minister’s Office State Secretary Gábor Csizmár, the government representative at the meeting, said the employers’ minimum wage proposal is equivalent to a 1.4% gross wage rise, a 1.2% net rise and a 3.2% real wage fall, while the unions’ proposal is equivalent to a 9.5% gross wage rise, an 7.4% net rise and a 2.9% real wage rise. The government is proposing a 3-6% wage increase, which at its average level corresponds to the 2009 inflation target of 4.5%.

The OET will hold its next meeting on December 12. (MTI-Eco)