Employees often have very specific, special skills which an employer might not want to see in the service of the competition. In such cases, a non-compete agreement can be drawn up. Read on to learn how that works.
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Severance pay refers to a payment an employee shall receive upon termination of their employment. In Hungary, it applies after at least 3 years of employment, while a few other conditions must be met too.
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Foreign employees living in Hungary based on a work permit are eligible for the same tax benefits as Hungarian citizens. This applies to child benefits too, which might be relevant if the family of an employee is also in Hungary on residency for family unification.
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If you operate a business in Hungary, sooner or later you might need your employees to do overtime for you. But how does that work? When can you expect it, and how much will it cost you? Read on to find out. Regular working hours and overtime Regular working time for a full-time employee is […]
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The Hungarian work permit is in fact a residence permit based on employment, tied to the job based on which you hand in the application. In line with this, you can apply for a work permit as long as there is an employer that is willing to employ you. Regarding age, this means that you […]
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When planning for salaries in Hungary, you should keep in mind the various tax benefits available to employees. Since they increase net salaries without extra costs to the employer, they also function as incentives for employing certain demographic groups. Tax benefits and gross salary The tax benefits available in Hungary apply to everyone who is […]
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In Hungary, the employment relationship is strictly regulated to ensure fair conditions both for employers and employees. Workers should always receive a living wage, and this is regulated by defining a minimum wage and regularly updating it. Living wage is the minimum The minimum wage in Hungary is the minimum sum you are required by […]
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The Hungarian work permit is tied to the job it was issued for. If you get a new job, you need a new work permit. But what to do when you want to work two jobs at the same time, that is, to get a side job? Read on and find out. What even is […]
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A work permit is usually issued for 1 or 2 years. If you want to continue working in Hungary, you will need to renew it before it expires. Learn which steps to take and what to watch out for! Work permit renewal procedure Work permit renewal takes the same time as the original work permit […]
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