Compliantly hire your distributed team members in
Hungary
To hire new employees in
Hungary
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Hungary
while staying fully compliant with local laws and compliance.
Hungarian
Hungarian forint (Ft, HUF)
Monthly
11 days
13%
$$ (79 of 139 nations)
20 days
15 days
24 weeks
In many countries like
Hungary
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
The minimum wage in Hungary is HUF 232,000 per month.
The standard working hours in Hungary are 8 hours per day and 40 hours per week. Overtime payment is mandatory and employees can work a maximum of 4 hours of overtime per day and 8 hours of overtime per week.
Overtime hours worked on weekdays are paid an additional salary of 50% and overtime hours worked on holidays and weekends are paid an additional salary of 100%.
Employees with children are entitled to receive additional paid leave. Employees with one child are eligible to 2 additional days, employees with 2 children are eligible to 4 additional days, and employees with more than 2 children are eligible to 7 additional days.
Employee payments must be paid on a monthly basis.
Termination in Hungary requires a written reason and must be stated clearly.
The minimum notice period is 30 days and is increased based on the length of the employment. The following are the notice period with respect to the length of the employment:
Probation periods are not mandatory and there is no minimum probation period. Probation period is capped at 90 days.
Severance pay is determined by the length of employment and the age of the employee. Severance pay ranges from one month's salary to nine months' salary.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.
