Severance pay refers to a payment an employee shall receive upon termination of their employment. In Hungary, it applies after at least 3 years of employment, while a few other conditions must be met too.
When planning for salaries in Hungary, you should keep in mind the various tax benefits available to employees. Since they increase net salaries without extra costs to the employer, they also function as incentives for employing certain demographic groups.
In Hungary, the employment relationship is strictly regulated to ensure fair conditions both for employers and employees. Workers should always receive a living wage, and this is regulated by defining a minimum wage and regularly updating it.
A work permit is usually issued for 1 or 2 years. If you want to continue working in Hungary, you will need to renew it before it expires. Learn which steps to take and what to watch out for!
Are you studying in Hungary? Do you want to stay after your education is finished? One possible path is to find an employer and apply for a work permit.
When you hear the word “cafeteria”, normally you would think of a self-service restaurant. In Hungary, however, “cafeteria” is the collective term for fringe benefits you can give your employees above their gross salary. Learn how it works, and see if it can be beneficial to your Hungarian company.
Last updated on 21 July 2023.The work permit issued to third country nationals in Hungary is always tied to a specific job. Because of this, there should be an agreement between the employer and the employee before the work permit application is submitted. The agreement is preferably a labor contract (although it can also be a preliminary agreement as well).
When you are moving your business to Hungary, you should be aware of the regulations that will apply to your employees. Working time in Hungary is strictly regulated to ensure that employees can maintain a healthy work-life balance, while employers can take advantage of their workers remaining healthy and motivated. Read our comprehensive summary to learn what you can expect from your employees.
The simple answer is no, you do not need a university degree to get a work permit in Hungary. However, you still need to prove that you are qualified for the job you want to perform in Hungary. So how does that work? Let us explain!
The Labor Code in Hungary (and in the EU) aims at protecting the rights of both the employer and the employee. It also includes how and when an employment relationship can be terminated – while immigration law governs what happens to the work permit when that happens.