EMCC European Monitoring Centre on Change

Magyar Telekom Group

16 Jul, 2015
    • Hungary
  • Organisation size

    1000+

  • Establishment size

    1000+

  • Type of restructuring
    • Internal restructuring
  • Ownership
    • Private
    • Public
  • Involved actors

    • National government
    • Trade union
    • Works council
  • Management of change activities
    • Wage flexibility measures
MT age management policies are viewed internally to be in line with trends among similar large companies in Hungary. Large companies, including MT, are generally characterised by a relatively secure position in the market. They are subsequently able to maintain a consistent HR policy towards employees. Voluntary departures account for approximately 6% of the workforce turnover and often consist of older workers (50 or more) using the early retirement option. A résumé is available.
keywords
  • Recession/crisis
  • Age management