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Home > Country Trading Profiles > Hungary > Labour market

COUNTRY TRADING PROFILES

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Labour market

The active population in figures | Working conditions | Cost of labor | Social partners

The active population in figures


2009201020112012 (e)2013 (e)
Labor force -4,300,000---
Rate of activity (%) -50.1---
Unemployment rate (%) 10.111.211.311.010.5

Source: CIA - The world factbook ; UN - United Nations ; World Bank

 

Note: (e) Estimated data

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Working conditions

Legal weekly duration
40 hours per week
Retirement age
20 years in service and minimum 62 years.
Working contracts
Full- and part-time contracts, assignment contracts, outsourcing contracts. More information on Just Landed website.

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Cost of labor

Minimum wage
65.500 HUF (262 EUR).
Average wage
Average monthly gross earnings in Hungary is HUF 191,930 (USD 1,000).
Social contributions
Social security contributions paid by employers: Medical insurance 1950 HUF
social security 11%
pension insurance 18%
unemployment insurance 3%
training contribution 1,5%
Social security contributions paid by employees: Social security is paid by employees at the follow amounts: pension contribution: 8.5%, health care contribution: 4%, Unemployment contribution: 1%.

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Social partners

Social dialogue and involvement of social partners
The law allows unions to conduct their activities without interference, and the government protects this right in practice. Collective bargaining is protected by law, and it was freely practiced. Approximately 40 percent of the workforce is covered by collective bargaining agreements (almost 3,000 collective bargaining agreements existed). Workers have the right to strike, and workers exercise this right in practice.
Unions
Cooperation Forum of Unions
National Organization of Hungarian Unions
Unionization rate
40%
Labor regulation bodies
Ministry of Labor

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Last updates: February 2012

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