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Nearly a Third of Domestic Firms to Increase Staff

Dec 12, 2023

In the first quarter of next year, 31% of domestic employers plan to expand their current workforce, while 21% expect to reduce it. Jobseekers can expect a brisk demand for labor in this period, especially in IT, financial and real estate companies, according to a labor market forecast published by Manpower Hungary on Tuesday. There […]

Stable Employment in The Small Business Sector

Jun 21, 2023

Employment in the small and medium-sized enterprise (SME) sector is stable, and 7 out of 10 of the companies concerned are preparing to raise wages, by an average of 9%, K&H said on Wednesday, based on its latest SME Confidence Index research. They added that the survey indicates the expectations of micro, small and medium-sized […]

Most Employees Have Not Received Pay Rise in Hungary

Apr 18, 2023

The majority of Hungarian workers have not received a pay rise, and where wages have been increased, employers have mostly done so on their own due to the rising cost of living, the HR service provider Work Force told MTI on Tuesday. The temporary employment and recruitment agency surveyed around 1,000 Hungarian employees in March […]

Hungarian Firms Increase Headcount Again 2nd Quarter

Mar 14, 2023

26% of Hungarian employers expect to increase their current workforce in the second quarter of 2023, while 22% plan to reduce it, with staff increases mainly in larger companies, ManpowerGroup said on Tuesday, based on its Labor Market Forecast.    ManpowerGroup conducted its quarterly survey of more than 41,000 employers in 41 countries around the world, […]

Businesses' Employment Intentions Have Strengthened

Mar 8, 2023

The employment intention of businesses has strengthened in Hungary, with around a quarter of firms planning to hire staff, while the share of those thinking of making redundancies is again below 10%, according to the K&H bank’s latest SME confidence index research. The statement highlights that companies are preparing for an average 11% salary increase, […]

Hungarian Business Leaders More Pessimistic This Year

Feb 20, 2023

41% of medium and large Hungarian companies expect their net sales to increase this year, compared to 61% last year, and 10% of respondents think their sales will decrease, compared to 3% in 2022, according to the latest research by human resources provider Randstad Hungary. Citing the results of their new survey, the company said […]

Workforce Retention Has Become a Key Issue

Feb 5, 2023

Companies will put much more focus on retaining their workforce than in the past. With labor shortages still persisting in Hungary, larger employers are typically attracting labor away from each other, an expert told the business news site This trend is particularly noticeable at the beginning of the year, as there is a greater […]

Two in Ten Workers Take Home Minimum Wage

Nov 5, 2022

Nearly 570,000 workers earn a guaranteed minimum wage of HUF 260,000 gross or less, which is nearly 20% of full-time employees, according to data from the Hungarian Central Statistical Office KSH). KSH has published its analysis of the second quarterly wage data. It shows that wages are growing fast in Hungary, but also that a […]

More Redundancies Likely in Hungary

Sep 13, 2022

In the last quarter of this year, 26% of companies operating in Hungary plan to lay off workers, the employment agency ManpowerGroup said on Tuesday, the state news agency MTI reports. According to a survey by the recruitment agency, half of domestic companies are not planning any changes, but only a fifth of them plan […]

Record Number of Hungarians Working in Austria

Aug 29, 2022

In July, 114,448 Hungarian citizens were working in Austria, 980 more than a month earlier, the financial news site reported. This is a new historical record and a record in the sense that it was the second highest increase among the countries. Unsurprisingly, Ukraine leads the way with 1,147 new jobs, but that is […]

Optimism of Hungarian Workers Declines

Aug 2, 2022

Hungarian workers' optimism has declined after the negative economic consequences of the Russian-Ukrainian conflict and the epidemic measures, and the uncertainty caused by these measures are already having an impact on the labor market, BNP Paribas Cardif Insurance, a credit insurance company, said on Tuesday, based on a joint survey with Medián Institute for Public […]

Foreign Labor Force Needed to Sustain Investments

Jun 7, 2022

As a result of a government decree, since July last year, workers from already eleven non-EU countries can come to work in Hungary on simplified terms. The relevant provision expectedly will be maintained after the end of the pandemic emergency, since in order to keep Hungarian jobs, maintain the investment rate and the operation of […]

Flexible Working Hours Important for Hungarians

May 9, 2022

According to Randstad's latest Workmonitor survey of 35,000 workers in 34 markets, the dynamics between workers and employers have changed and workers are becoming more aware — especially those under 35. One of the 34 markets surveyed is Hungary. Highlighting the Randstad Workmonitor 2022 H1 study, CEO and Chair of the Executive Board at Randstad […]

60% of Hungarians Are in Favor of Home Office

May 1, 2022

Two years after the start of the new coronavirus epidemic, the situation in Hungary in terms people working from home is similar to international trends. According to a survey by HR magazine Behaviour, employers also stick to hybrid working: 56.7% of respondents are likely to stay in this arrangement in the long term, the business […]

Home Office Remains a Major Issue for Post-COVID Times

Sándor Laczkó
Jul 8, 2021

The Dutch multinational human resource consulting firm Randstad regularly publishes major surveys about the labor market in different countries. Diplomacy&Trade asked the Managing Director of Randstad Hungary, Sándor Baja, to highlight the major findings. According to latest edition of the Randstad Workmonitor survey, work-life balance remains the biggest challenge for Hungarians. Sándor Baja points out […]

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