Articles
Hungary has reduced its combined quota for the residence permit for employment purposes and residence permit for guest workers to a total of 35,000, down from the previous 65,000. This policy change – which seeks to protect domestic workers in the Hungarian labor market – will significantly reduce the ability of employers to engage foreign talent. Some businesses may need to conduct a substantial reassessment of their talent management arrangements.
Hungary: Significant Reduction in Quota for Employment Permit, Guest Worker Work Permit
Fragomen | Jan 2025
As of January 1, 2025, the gross amount of the minimum wage will rise to HUF 290,800, and the gross amount of the guaranteed minimum wage will increase to HUF 348,800, according to Government Decree No. 394/2024. (XII. 12.) published in Issue 127 of the Hungarian Gazette on December 12, 2024.
Minimum Wage and Guaranteed Minimum Wage 2025
RSM | Dec 2024
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