Budapest public transport company BKV will use a total of 10.5 billion forints (EUR 28.4m) to raise the wages of some 10,000 employees next year, economic daily Világgazdaság said.
The paper said that the move would increase basic wages by an average of 15 percent, noting that the last hike of a similar range had been made in 2017.
The city management is also planning to spend another 15 billion forints to give a 15 percent pay rise to nearly 18,000 employees of the city’s municipally owned companies under a 3-year agreement with unions to adjust wages in line with changes to the minimum wage, the paper said.
The city management is also planning to spend another 15 billion forints to give a 15 percent pay rise to nearly 18,000 employees of the city’s municipally owned companies under a 3-year agreement with unions to adjust wages in line with changes to the minimum wage, the paper said.