Audit office proposes higher wages for state-owned company managers
Hungary’s State Audit Office (ASZ) put forward a package of proposals, which would raise the salaries of top managers at state-owned companies, however would tie bonuses to performance, Hungarian daily Napi Gazdaság said yesterday.
Talking to the paper, chairman László Domonkos said that this way salaries would be brought closer to those of managers in the private sector. ASZ also proposes better safeguards against corruption and recommends putting non-compete clauses in managersʼ contracts, he added.
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.