Employment

Hungarian pension tax records accessible online

As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the Treasury, and see if everything is fine. Read on to learn how that works.

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What is the pink social security booklet and what does it contain?

If you are working in employment in Hungary, you have a social security booklet to your name that contains information about your insurance status. If you are working your first job, you have probably never seen it, and you will not see it until your last day at your current employer.

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Summer is the season for temporary work – make sure to declare it

Whether it is because of increased turnover or employees taking their holidays, your business might be in need of temporary workers. You have various options, just make sure to declare the employment correctly to avoid fines.

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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.

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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.

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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.

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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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