Almost half of Hungarians get fringe benefits, survey shows

Analysis

About 46% of employed Hungarians regularly get non-wage compensation, according to an online survey conducted by voucher company Magyar Utalvány.

The survey showed 10% got no fringe benefits this year because of the pandemic and the recession.

Two-thirds of those surveyed were dissatisfied with the scale of their non-wage compensation. More than half agreed that fringe benefits increase workplace loyalty and boost motivation to work.

More than 1,200 people participated in the survey, half men and half women. Around 44% worked in the public sector and 39% in the private sector, while 17% worked for non-profits.

Magyar Utalvány issues the National Voucher which employers may award to staff and their immediate family, with tax preferences, once a year to a value up to 10% of the minimum wage.

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