Minimum wage 2023
As from 01 January 2023, the lowest compulsory amount of the basic wage for full-time employees (minimum wage) shall be as follows in case of carrying out full-time work HUF 232,000 in case of applying a monthly wage.
Guaranteed wage minimum 2023
In case of full-time employees hired for jobs requiring at least secondary school qualification or secondary vocational qualification, the guaranteed wage minimum stated for the application of a monthly wage has increased to HUF 296,400 gross.
In case of part-time employees, the monthly, weekly and daily wage specified must be taken into consideration on a pro-rata basis. In case of an hourly wage the amount specified above or its pro-rata share must be applied.
Changes in the minimum wage and the guaranteed wage minimum in recent years
| Year | Minimum wage (HUF) | Guaranteed wage minimum (HUF) | Change of minimum wage (%) | Change of guaranteed wage minimum (%) |
|---|---|---|---|---|
| 2023 | 232 000 | 296 400 | 16 | 14 |
| 2022 | 200 000 | 260 000 | 19,47 | 18,72 |
| 2021 | 167 400 | 219 000 | 3,98 | 3,99 |
| 2020 | 161 000 | 210 600 | 8 | 8 |
| 2019 | 149 000 | 195 000 | 8 | 8 |
| 2018 | 138 000 | 180 500 | 8,2 | 12,1 |
| 2017 | 127 500 | 161 000 | 14,9 | 24,8 |
| 2016 | 111 000 | 129 000 | 5,7 | 5,7 |
Certain benefits are linked to the amount of the minimum wage, so they will also increase as the amount of the minimum wage changes. Among other things, this change affects the amount of childcare fee. The childcare fee amounts to 70 percent of the parent’s former income, but its maximum amount is aligned with the minimum wage, so the maximum amount of the childcare fee shall be HUF 324.800 from January 2023.
