- Date format
- Forint (HUF)
- the standard rate is 27%
- Social Contribution Tax
- Social Contribution Tax - 15.5%
- Vocational Training Fund
- Vocational Training Fund - 1.5%
- Total Employment Cost
- Total Employment Cost - 17%
- Health Care Contribution
- Health Care Contribution - 7%
- Pension Fund
- Pension Fund - 10%
- Unemployment Fund
- Unemployment Fund - 1.5%
- Total Employee Cost
- Total Employee Cost - 18.5%
- Minimum Wage
- The minimum wage in Hungary is 167400 to 219000 HUF per month.
- Payroll Cycle
- Employee Income Tax (1)
- Income Tax - 15%
- General Working Hours
40 hours per week.
Overtime hours during the week are paid at a rate of 150%. Overtime hours on weekends and bank holidays are paid at a rate of 200%.
- Paid Time Off
All employees are entitled to a minimum of 20 days of paid vacation per year.
Starting at the age of 25, the number of annual vacation days is raised by one day every three years during their twenties, and every two years during their thirties and forties.
- Public Holidays
11 public holidays.
- Sick Days
Employees are entitled to 15 days of sick leave per year, paid by employer at a rate of 70% of the salary.
From the 16th day, the payment vary between 50%-60% depending on the term of service. 1/3 of the payment is paid by the employer and 2/3 are paid by the National Health Insurance Fund.
- Maternity Leave
Women have 24 weeks maternity leave but are allowed to take up to three years off and receive maternity benefits.
For the first six months, mothers are entitled Pregnancy and Confinement Benefit (CSED) at a rate of 70% of the salary.
For the next eighteen months, until the child’s second birthday, mothers are entitled to Child Care Fee (Gyermekgondozási díj – GYED) at a rate of 70% of the salary up to a maximum of double the minimum wage.
- Paternity Leave
Following the birth of their child, fathers are entitled to five days of paid leave, which they may take in one or in several parts until the end of the second month after the birth.
Any income and taxes related to this period of supplementary leave are reimbursed to the employer by the Hungarian State Treasury.
- Parental Leave
After the maternity leave is over, one parent can take parental leave up until the child reaches the age of 2 years old. This leave is paid at the rate of 70% but is capped at double the minimum daily wage:
- 2 additional days for 1 child
- 4 additional days for 2 children
- 7 additional days for more than 2 children
- Termination Process
Both the employee and employer must provide termination in writing and must contain a justified reason for dismissal.
- Notice Period
Termination during probation is effective immediately. Temporary (fixed-term) contract terminates at the end of fixed term.
Termination of a permanent contract requires a notice period of 30-90 days.
- Severance Pay
Severance pay varies between one to nine months depending on the length of service and employee’s age.
- Probation Period
Probation period is optional and cannot exceed 3 months.
- Employment Visa
All non-EU citizens must have a work visa and work permit to live and work in Hungary.