Hungarian companies raise wages to cure labour shortages

Two-thirds of the Hungarian companies try to handle the increasing labour shortages by raising wages, a survey conducted by legjobbmunkadók.hu reveals. The site surveyed more than 150 Hungarian companies employing more than 100 000 people about the effects of the current labour shortages. The survey has found that the companies suffer from a shortage of skilled workers mostly.

According to index.hu, some 55 % of the respondents have claimed that it is extremely difficult to find skilled workers, while 28 % of them have said it is almost impossible.

Moreover, almost half of the respondents (47 %) have stated it is difficult to find intellectual workers as well, while 48 % of them have identified the shortage of semi-skilled workers.

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The companies have also claimed that there are no submitted applications for 30 % of the vacancies open for skilled workers, and for 22 % for semi-skilled workers.

Nevertheless, there are enough people to fill leader and administrator positions.

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It also appears to be a serious problem that the appropriate applicants would want higher salaries; therefore, it is not surprising that 67 % of the companies intend to cure the problem by raising wages. While they do not find enough workforce though, most of them try to survive by reorganising their employees and encouraging them to work overtime.

translated by Gábor Hajnal

Source: index.hu