“Miraculously disappears” – How do the Hungarian SMEs diminish the rising cost caused by compulsory minimum wage increase?

It is said that “a magician never unveils its secret” but it turned out just the opposite in the February company survey conducted by GKI. Companies even disclosed how they evade  the obvious cost increase due to the increase in the minimum wage. Important to note that Hungarian owned SMEs and large companies are overrepresented in the sample of companies with over 5 employees (931 answers) and foreign owned companies are less represented.

The article is available here.