Calendar
Mon
Tue
Wed
Thu
Fri
Sat
Sun
31
3
4
5
6
8
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
  • Results of the IEER Quarterly Business Climate Survey July 2017

    The results of the latest quarterly business climate survey reveal favourable economic conditions compared to the previous quarter: the IEER ...

  • Poverty of Hungarian seventh grade students and its effect on their further education plans

    This paper examines the level of poverty among Hungarian seventh grade students and its effect on their future education plans. The data is based on ...

  • Results of the IEER SME Outlook Survey July 2017

    The results of the latest IEER SME Outlook business climate survey reveal that the business confidence significantly increased compared to the ...

  • Characteristics of the Russian economy July 2017

    In this brief analysis, the current Russian economic characteristics are demonstrated through macroeconomic indicators, and the Russian-Hungarian ...

Google search
Research
20 of June, 2016Research year: 2016
The use of fringe benefits among Hungarian companies

In its ongoing analysis of Hungarian companies, the Institute for Economic and Enterprise Research (IEER) examined the practices relating to the use of fringe benefits among domestic enterprises. The analysis is based on the data of the April 2016 Business Climate survey of 1,771 domestic enterprises employing at least one person; they were questioned in relation to the non-wage benefits they provide. The results show that 55% of companies with a minimum of one employee provided at least one form of fringe benefits in 2016, the most popular non-wage benefits being considered were local travel allowances and the Erzsébet vouchers (food coupons, but sometimes used for non-food purchases). The use of fringe benefits is associated with a company's size, the economic sector it operates in, and its level of foreign ownership, as well as a firm’s business situation: the highest proportion of those that provide fringe benefits are typically medium and large sized companies, those that are foreign-owned, firms operating in the manufacturing sector, and those in a good business situation. For 83% of responding companies, the amount allocated to fringe benefits has not changed over the past year, while for 7% it declined compared to the previous year, and 11% reported that it increased. Those raising fringe benefits were characteristically those in a good business situation and those companies that lifted wages in 2015. Overall, domestic enterprises consider the role of fringe benefits as having a medium effect when making their company attractive to employees.

Related documents
  • Summary (summary, pdf, 282.2 KB)
  • Figures (chart, xlsx, 97.02 KB)
  • Database (database, sav, 311.33 KB)
  • Syntax file with English and Hungarian labels (script, sps, 14.37 KB)