author_orbitax
Orbitax

Share This Article

Hungary Increases Minimum Monthly Wage from January 2022

23 December 2021

|

Approved Changes

|

Hungary

Hungary published Government Decree No. 703/2021 (XII. 15.) in the 15 December 2021 edition of the Official Gazette, increasing the standard minimum monthly wage from HUF 167,400 per month to HUF 200,000 per month for full-time employees with effect from 1 January 2022. For employees in positions requiring at least secondary level qualifications or vocational training, the minimum monthly wage is increased from HUF 219,000 per month to HUF 260,000 per month. For part-time employees, the minimum wage values must be proportioned accordingly. Aside from serving as the minimum wage, these values also serve as the minimum social security contribution...