Business

Labor contract at your Hungarian company

When are you planning to make the first hire at your Hungarian company? Your new employee will need a labor contract that defines the employment relationship between the two of you, and protect the rights of both the employer and the employee. Let’s take a closer look at how that works.

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Expected yearly average inflation in Hungary in 2023

Based on data from 2022 and H1 2023, analysts expect yearly inflation in Hungary to be reduced below 10% by December. Even in the worst case scenario, the yearly average inflation in 2023 will not be higher than 19%.

The post Expected yearly average inflation in Hungary in 2023 appeared first on Helpers Finance.

Job description in Hungary

Every employee at your Hungarian company must have a job description. This is a separate document that details their actual tasks, which you must give your employees within 15 days after they start.

The post Job description in Hungary appeared first on Hungarian Work Permit.

What does career cushioning mean for your Hungarian employees?

Another recent buzzword in HR is “career cushioning”, which, from the perspective of the employer, is mostly about how employees stay on the lookout for new opportunities at different organizations. However, it also has various side effects that actually benefit your business.

The post What does career cushioning mean for your Hungarian employees? appeared first on Hungarian Work Permit.

Air-conditioning at the office – Summer work safety in Hungary

Summer is on us, which means air-conditioning is being turned on in most offices and other places of business. Since the temperature of the work environment affects the health as well as the productivity of the work force, it is regulated by law to ensure the well-being of your employees.

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Mandatory discounts to fight inflation in Hungary

As another measure aiming to reduce inflation, Hungary is now introducing mandatory discounts for retail stores selling food, groceries, and the like. The first discounts under this scheme must start on 1 June 2023. Will this affect your business? Read on to find out.

The post Mandatory discounts to fight inflation in Hungary appeared first on Helpers Finance.

Report your corporate tax by 31 May in Hungary

Are you operating a company in Hungary? Then make sure to report and pay corporate tax for 2022 by 31 May 2023 the latest! You probably have an accountant that helps you with reporting related to your business – get in touch with them to make sure everything is alright.

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What is quiet firing? Is it a good idea for your business?

Unlike quiet quitting, quiet firing can actively hurt your business many ways. It is a mismanagement of your work force, since it affects not only the employee that is a target of this practice, but also the entire business. Read on to learn how it works and how you can build a better organization.

The post What is quiet firing? Is it a good idea for your business? appeared first on Hungarian Work Permit.

Authorization for your employees at your Hungarian business

An authorization always refers to some kind of representation. While employees represent the company they work for when they are meeting clients or serving them in a shop, that does not normally require a separate, official authorization. When they need to sign contracts or make payments on behalf of the company, however, they will need proof that they can do so.

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