Hay Group sees growing disparities in Hungarian wages

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Executives in Hungary receive a gross salary 6.2 times higher than that of administrative workers, on average, according to a report by the Hay Group.

The results are based on data on 270,000 employees from 440 multinational companies.
By comparison, the differential is 2.7 in Germany, 3.2 in the UK, 3.7 in the US, 5.4 in Slovakia, and 5.9 in the Czech Republic.

Among those with wider disparities, the difference is 7.6 in Russia, 8.5 in Poland, 9.1 in Romania and 11.4 in the Ukraine.

The net wages of low-income persons in Hungary are down 0.8% from last year, while those of executives have gained 37%.

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