ADVERTISEMENT

Gov't broadens availability for payroll support

Government

The government has broadened eligibility for payroll support for companies that hire registered job-seekers, State Secretary for Employment Policy Sándor Bodó said on TV news channel M1 yesterday.

The HUF 35 billion measure will support the placement of some 60,000 registered job-seekers, Bodó said. In the fall of 2020, the government rolled out the support covering half of payroll costs, gross wages and social contributions, up to a total of HUF 100,000 a month, for hiring jobseekers under the age of 25 or with a low degree of education.

From June 1, eligibility for the subsidies has been extended to all jobseekers under the age of 25 and anybody who has been registered as a jobseeker for a period of at least one month.

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.