This year, the average gross wage will reach CZK 34,682 (EUR 1,276), and next year CZK 35,006 (EUR 1,288). As the inflation rate is expected to be 3% this year, the real decline in wages is forecast at 1.6% in 2020 and 0.9% in 2021. Title photo: CG / Jobspin. Czech Rep., Oct. 2 (JS)
With the new proposal, the current minimum wage would increase by 17%, from CZK 14,600 to CZK 17,100. The increase would benefit around 140,000 people. The proposed change would come into effect from 2022, according to the Ministry’s plans, but still has to go through consultation and debate. Title photo: Pixabay. Text prepared by Tessa
The average wage has steadily been rising in the Czech Republic in recent years. In Q3 2019, the Czech Statistical Office (CZSO) reported that the average wage in the Czech Republic had increased to CZK 33,697, a real terms year-on-year growth of 4.3%. Although increasing, Czech wages are still only a third of those in
According to the data recently published by the Czech Statistical Office (CZSO), the GDP per inhabitant in South Moravia was the second highest among the Czech regions in 2018. Prague has over double the GDP of any other region in the Czech Republic. The Czech capital received the seventh place among the richest regions of
The Czech economy has been booming for the last few years, and maybe you are thinking about moving there. Yet, you are worried: what are the best paying jobs in Prague? Which field has the best salary? Should you move to Brno instead? In this article, we will give you an overview of the salary
Statistics showed that there were 524,000 foreigners living in the Czech Republic at the end of 2017. With many of them coming to work, Jobspin conducted interviews to see what the expatriates’ ratio on earnings and spendings are, and experts’ advice for moving to and living in Czechia. Czech. Rep., Mar 5 (JS) – “It’s
