HR

How to terminate employment in Hungary

When you are operating a company in Hungary, your business will probably need one or more employees. For finding the best candidates, you can always rely on an expert recruiter. But what to do when you want to terminate the employment? Read on! Terminating employment contracts of indefinite duration In Hungary, if you are employing …

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How does the Hungarian personal income tax change in 2018?

If your company has employees, your company deducts the personal income tax from their gross salaries (together with the social contributions). This way employees only get their net salaries, and you transfer their personal income tax to the Tax Authority.

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Recruitment for SMEs in Hungary

The key to business success is working with a great team. Naturally, “your team” includes your employees as well as your providers and business partners. But how do you find the best work force? Helpers can assist you in recruitment as well.

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Bank holidays in Hungary in 2018

Instead of having one free day in the middle of the work week, Hungarian people usually prefer to have long weekends in exchange for a Saturday that would otherwise be a rest day. As a result, depending on which day of the week bank holidays are, the previous or the following day is granted a rest day by the government to make a long weekend for everyone.

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Fringe benefits in Hungary – Cafeteria 2018

Apart from salary, employees can receive a “non-salary compensation”. The various fringe benefits or cafeteria elements offer more favorable taxation options than regular salary – this is why many employers decide to offer cafeteria to their employees.

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Hungary on the European job market – Find affordable, quality workforce

Hungary has a special place on the European job market, because thanks to its top-quality universities and relatively low living costs it provides affordable, quality workforce to your new European company.

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Bank holidays in Hungary in 2017

Bank holidays are days when most people are not required to work. In Hungary, Sundays count as holidays, while Saturdays are usually also rest days. Besides, there are 11 bank holidays in Hungary in 2017 (a new one, Good Friday has just been announced).

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When do I need to pay overtime to employees?

Employees are entitled to wage supplements when they work overtime, on weekends, at night or on state holidays. As the employer, it is your legal responsibility to determine your employee’s schedules, so you need to take the mandatory wage supplements into account when doing so.

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State holidays and vacation days for employees in Hungary

Hungary has a number of state holidays when shops and offices are closed, and employees are usually not required to work. In addition, Hungarian Labor Law states that all employees are entitled to a minimum of 20 days of paid vacation per year.

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