Labor Law
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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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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With the ca. 15% increase to minimum wages in Hungary, you must make sure that the salaries you pay your employees are still above the required minimum, and adjust salaries and labor contracts as necessary.
The post Salaries and payroll taxes in 2023, Hungary appeared first on HELPERS.
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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Third-country nationals studying in Hungary are allowed to work beside their studies. The number of officially approved working hours has just increased, so now you are allowed to work 30 hours a week without forfeiting your student residency.
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The post Working with student residency in Hungary appeared first on Hungarian Work Permit.
Summer is here, which means a substantial number of students are entering the labor market for the next few months. Just as well, since various industry sectors are in need of the surplus, such as hospitality and agriculture. But how is student work taxed in Hungary, and how can your Hungarian company employ students? Student …
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