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Home » News » People’s Word The minimum wage may increase from February at the earliest, but it is not yet known how much

People’s Word The minimum wage may increase from February at the earliest, but it is not yet known how much

January 13, 2021

The increase in the minimum wage was still being discussed today by unions and employers, as well as representatives of the government, but they still have not reached a vineyard on this year’s amount.

There is still no agreement on this year’s minimum wage increase, and unions and employers were unable to reach a compromise at this morning’s consultation. Both sides reiterated their previous position, the differences could not be bridged – said Ferenc Rolek, vice-president of the National Association of Employers and Industrialists, after our morning meeting of the Permanent Consultation Forum of the Competition Sector and Government (VKF). As we wrote earlier: with the exception of 2003, the minimum wage has risen on 1 January each year since 1997, so that the minimum monthly amount to be paid to employees has risen from HUF 17,000 gross 24 years ago to HUF 161,000 by 1 January last year. However, January 1 this year was greeted with the amount remaining unchanged. The employers ‘and employees’ organizations could not agree on the rate of increase until the end of last year: the position of the former stiffened by 3% and that of the latter by 5%. Referring to this, the government did not announce this year’s amount at the end of last year, but proposed that negotiations continue in January. The VKF has met for the first time since then, but – although the parties reported a constructive atmosphere after last Friday’s bilateral talks between employers and employers ’organizations – the parties have only reiterated their previous positions. According to Ferenc Rolek, however, the employer side would have tended to move slightly from 3 per cent “between the two offers”, but this was not accepted by the unions. The government continued to push for an agreement between employers and employees on the issue. However, according to both parties, the Cabinet has still not reported on the plans to reduce contributions that would facilitate the agreement. However, he made it clear that even if an agreement was reached in January, the minimum wages could not be raised retroactively, ie the minimum wage and the guaranteed minimum wage could only increase from 1 February at the earliest. The VKF is expected to discuss the minimum wage again next week.

Source: Népszava by nepszava.hu.

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