Minimum wage in Hungary 2012

Minimum wage is the lowest amount a worker can be legally paid for his work. Minimum wage figures are gross (pre-tax) rates for full time work (+23 years old) and exclude any 13th or 14th month payments that may be due under national legislation, collective agreements, custom or practice.

2011 2012
Monthly minimum
wage (EUR)
Monthly minimum wage Monthly minimum
wage (EUR)
Hourly rate Hourly rate
280.60 92,000 forint 319.58 530.26 forint 1.84
The calculations are based on the assumption of a 40-hour working week and a 52-week year. Currency conversions from non-euro currencies are based on the exchange rates available on 29 June 2012.
Note: Hungary: the minimum wage is 20% higher than the basic national minimum for those with secondary or vocational education but under two years’ experience, and 25% higher for those with at least two years’ experience or older than 50 years of age. Employees with university-level education are entitled to a minimum wage that is 60% higher than the basic national minimum.
Source: Eurostats, FedEE, Wiki

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