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Minimum wage for skilled laborers could rise to HUF 250,000

Government

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The monthly minimum wage for skilled laborers could rise to around HUF 250,000 if the government goes ahead with a proposal to raise the minimum wage for unskilled workers to HUF 200,000, the chairman of the National Federation of Workers' Councils (MOSZ) said on public television on Wednesday.

A career-starter trained in a profession could take home "what could be called a fair wage" if the minimum wage for unskilled labor increases, raising the minimum wage for skill laborers with it, Imre Palkovics said on news channel M1.

The government has proposed raising the monthly minimum wage for unskilled laborers from HUF 167,400 to HUF 200,000 and has included the issue on a national survey it is conducting.

The minimum wage for skilled workers is HUF 219,000 at present.

A six-year agreement on minimum wage increases paired with payroll tax cuts reached by the government, employers and union leaders late in 2016 lifted overall wage growth over 10% for several years after the deal was sealed.

Palkovics said the minimum wage rises so far had done no damage, "because the fundamentals of the Hungarian economy are strong", and another increase is not expected to result in layoffs.

The minimum wage could be raised in a single go or in two steps, depending on what policymakers decide, he added.

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