Connect with us

Hi, what are you looking for?

Economy

Indicator – Economy – In three years, the minimum wage may rise by more than HUF 100,000

At the Permanent Consultative Forum on Competition and Government, the Ministry of National Economy presented its calculations for the minimum wage. file According to his information, by 2027 the minimum wage will reach half the average gross salary without regular allowances, bonuses and special allowances for a month with an annual increase of 12 percent. According to the specialized portal, the three-year agreement is considered new between the two parties.

According to NGM's plans, the following schedule will be implemented: minimum wage Raise:

  • Total 298,800 HUF in 2025,
  • 334,600 Hungarian forint in 2026, while
  • In 2027, it will be 374,700 HUF.

This means that the current gross minimum wage of HUF 266,800 will be 40 percent higher in three years, which will be half the gross average wage compared to the current 45 percent. At the same time, the guaranteed minimum wage can only be calculated with an increase of 8 percent per year.

Marton Nagy recently said: We can reach a minimum wage of 1,000 euros by 2028. According to NGM calculations, only a 5.4% increase in wages is needed from 2027, even if the gross salary category of 395,000, at the current exchange rate, is the domestic income threshold.

Regular Average gross profit According to NGM calculations:

  • 646,800 Hungarian forint in 2025,
  • 697,200 Hungarian forint in 2026,
  • In 2027, it will be 749,700 Hungarian Forint.

That is, from 2024 to 2027, a 25% wage increase can be expected for regular salaries.

Meanwhile, the newspaper notes that annual growth in total revenues has not exceeded 10 percent so far.