Employment

New residency option for guest workers in Hungary

Starting from 1 November 2023, a new residency option will become available to third country nationals coming to work in Hungary. The new “guest worker residency” promises a simplified procedure in exchange for some the curtailment of some rights, but only people working for specific employers and in specific projects will be eligible.

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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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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.

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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.

Tax benefits in Hungary

While personal income tax in Hungary is 15% for everyone, various tax benefits may be applied to that based on age, marital status, and other circumstances. Get an overview of the most important tax benefits below so you will know when you or your employees can get more out of your gross salary.

The post Tax benefits in Hungary appeared first on Helpers Finance.

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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What is quiet quitting and how does it affect your employees in Hungary?

Quiet quitting is a new term that started circulating over the last year or so. It refers to employees doing the bare minimum at their job, as if they were already considering quitting – a behavior that gives rise to frustration among employers. What can you do against it? Get a better idea below.

The post What is quiet quitting and how does it affect your employees in Hungary? appeared first on Hungarian Work Permit.

Non-compete agreement in the Hungarian labor contract

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 in Hungary

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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