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Title_of_text

The Government Regulation 454/2015. (XII. 29.) fixing the minimum wage (the minimum wage) and the guaranteed minimum wage

Main Region

First Region

Hungary
Wages
2015-12-29
National
Regulation, Decree, Ordinance

Second Region

A Kormány 454/2015. (XII. 29.) Korm. rendelete a kötelezu legkisebb munkabér (minimálbér) és a garantált bérminimum megállapításáról
Decree establishes an obligatory minimum wage and a guaranteed minimum wage. Effective January 2016 the scope of the decree covers all employers and employees.
1) the obligatory minimum wage:
- monthly HUF 111 000;
- weekly HUF 25 550;
- daily HUF 5110;
- hourly HUF 639.
2) the guaranteed minimum wage:
- monthly HUF 129 000;
- weekly HUF 29 690;
- daily HUF 5940;
- hourly HUF 742.

Repeals the Governmental Decree on the obligatory minimum wage and guaranteed minimum wage (Text No. 390/2012 (XII. 20))

Entry dates region

    Date of entry into force
    2016-01-01
    --

Basic Text region

Electronic region

Serial region

    Serial title
    Magyar Közlöny
    Date
    2015-12-29
    Volume
    vol. 206
    Page range
    p. 27688