The Government Is Maximizing the Salaries of State-Owned Company Executives.

Origo

Right

Factuality

Ownership

The government is also limiting the remuneration and salaries of executives of state-owned companies. The number of members of management boards and the upper limit of bonuses have been determined.

444.hu

Lean Left

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Ownership

The government has decided on strict cost-efficiency measures: they will significantly transform the operation of the governing bodies of state-owned companies, limit executive salaries, and eliminate bonus payments for politicians.

telex.hu

Lean Left

Factuality

Ownership

Companies are divided into three categories, and remuneration is based on these. However, the government can allow a base salary higher than the maximum if it sees fit.

Pénzcentrum

Factuality

Ownership

The government has determined the maximum number of members of the management bodies of majority state-owned companies, the remuneration of their members, and the rules for the wages and bonuses of employees in management positions. According to the Hungarian Gazette published on Wednesday evening, the affected companies are classified into three categories based on their complexity.

economx.hu

Factuality

Ownership

The government has introduced new rules for the remuneration of executives of majority state-owned companies. Companies are divided into three categories, which determine the maximum base salary of executives, the remuneration of board and supervisory board members, and the upper limit of the bonus that can be paid. Senior political leaders cannot receive any money at all for membership in the board or supervisory board.

Portfolio

Factuality

Ownership

According to a new decree published in the Hungarian Official Gazette on Wednesday evening, the government will introduce cost-effective rules regarding the size and remuneration of the management bodies of state-owned companies. Companies will now be divided into three categories, which strictly define the maximum number of directors and supervisory boards, as well as the highest salaries for officers and top managers.