Government Approves 8.8% Increase In Minimum Subsistence and Living Wages
Based on the increase in the consumer price index, the government decided to raise the metrics for minimum subsistence and living standards by an extraordinary , effective from 1 July, …
EU To Fund Mendel University Research Into Inequalities In European Labour Market
The project, funded by the European Union, will assess the current situation concerning wages and working conditions, with the final goal of formulating policy recommendations on how to approach inequalities…
Average Czech Wage Reached CZK 37,839 In Q4 2021
In the fourth quarter of 2021, the average gross monthly wage in the Czech Republic hit CZK 40,135, an increase of CZK 1,551 () from the same period in 2020.…
In Brief: Average Wage in The Czech Republic Up 11% In One Year
The average wage in the Czech Republic rose by 11% in the last year, to CZK 38,275. Photo Credit: Freepik / Illustrative Photo. Czech Rep., Sep 3 (BD) - The…
Average Wages In The Czech Republic Increase By 3.8%
According to new data from the Czech Statistical Office (CZSO), the average gross wage in the Czech Republic rose to CZK 38,525 in the last quarter of 2020. The highest…
Income Tax Cuts To Put More Money In The Pockets of Employees From February
From February, most employees will be receiving CZK 1,000 to 3,000 more per month, due to a reform to the calculation of income taxes which abolishes the “super-gross wage”. High…
The Bright Side: Positive Economic Trends In The Czech Republic
Longer life expectancy, steadily increasing GDP, equal distribution of wages. The Czech economy is not doing as badly as you might imagine, according to statistics. Here, Brno Daily presents some…
Average Wage and Unemployment Increase in Third Quarter of 2020
In Q3 of 2020, the average wage in the Czech Republic exceeded CZK 35,400, an increase of 5% year-on-year, reported the Czech Statistical Office in ;Photo credit: KB / BD.…
Labour Market Trends to Feel The Impact of Covid-19 and Industry 4.0
The labour market will see significant changes within the next ten years, under the influence of the pandemic and the advent of the fourth industrial revolution. 30% of jobs will…
Inflation Still High at over 3% But Expected To Fall Next Year
Third-quarter inflation was higher than last year, mainly due to increases in holidays, tobacco and spirits. There are, however, signs that it has peaked and when the full economic impact…