Hiring in Hungary

The landlocked Eastern European nation of Hungary is famous for it’s paprika-laden dishes (Goulash perhaps being the most famous), the Rubik’s Cube and being exceptionally successful at the Olympics.

Hungary is a former Warsaw Pact nation and now an EU member, with a developed economy and liberal approaches to trading and investment. Hungary has a highly complex economy, with a strong focus on science and technology and a flourishing manufacturing industry.

Despite this, Hungarians still face the 16th lowest income equality in the world even though the workforce is highly skilled and highly educated. This makes Hungary a popular place for investment for Western tech companies, especially those looking to hire IT and communications professionals at lower salaries than in other European nations.

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Why use TopSource Worldwide in Hungary?

We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.

We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.

Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.

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  • Leverage our experience and ensure in-country Payroll compliance.
  • Reduce processing and back office time.
  • Align processes, reducing complexity and risk
  • A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
  • Flexibility of service — adapting to your needs, regardless of the market.
  • The option to work with other providers you already have in place, if needed.
  • Global HR data management and data tracking where required.
  • Global payments support for both employees and authorities.
  • A dedicated team and account manager so that you always have a central point of contact

What TopSource Worldwide provides in Hungary

  • Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
  • One point of contact – a single Account manager looking after all your Payroll.
  • Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
  • All services are provided by in-country experts that are professionally qualified in their respective fields.
  • Electronic payslips for all employees.
  • All Statutory filing completed by TopSource Worldwide.

We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.

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