It turns out this year who will receive the largest wage increase in Hungary
The current labor market is fully completed and the focus has shifted from employer expectations to employee preferences, further strengthened by the acceleration of digitalisation. Thus with rising inflation, regular wage developments are becoming increasingly important in addition to the basic wage, especially in terms of its rate.
According to a nationwide survey conducted by ManpowerGroup 59 percent of Hungarian employees, an average of 12.7 percent wage increase this year.
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The nationwide, representative survey involved 1,384 employees online and found that the highest proportion of automotive workers (6.41 per cent) received a pay rise, averaging 10.9 more per month. The largest average wage increase was in the food and agriculture sectors, with more than 15.7. Construction workers were the worst performers, with just one-third (32.79 per cent) receiving wage growth and reporting the smallest increase of 9.45 per cent.
62 percent of those in subordinate status and 61 percent of middle and senior executives reported wage growth. Those working in the SME sector received a higher increase of 14.7 percent than those working in the medium and large enterprise environment, who return 12.5 more more home. Although 3/5 of those surveyed reported an average wage increase of 12.7 percent, Despite 9.5 percent inflation, 39 percent of Hungarian workers will not have a pay rise this year.
30 people have increased their salaries? According to the CSO, the average for a Hungarian is yes
According to Tamás Fehér, Managing Director of ManpowerGroup Hungary, according to satisfaction, the results of the survey shade the picture. Job satisfaction is higher among those who received a raise than among those who did not.
– The results show that the expected higher salary increase is not associated with greater satisfaction. This also points to the fact that the needs of workers, in addition to competitive pay, have been enhanced by factors such as flexibility, training and well-being. He said To Cégem.hu Tamás Fehér.
The article also mentions that it is worthwhile for companies to think about what improvements are needed to retain employees, as only 52.88 percent of respondents are satisfied with their current job. So employees are almost not really optimistic about their current employer.
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