Pay raises or work perks? Czech companies to reward employees in 2024

A survey has found that workers in Czechia will get a pay rise of up to 10 percent on average, with firms also offering other job-related benefits.

Thomas Smith

Written by Thomas Smith Published on 20.02.2024 14:13:00 (updated on 20.02.2024) Reading time: 3 minutes

Employees in Czechia can expect a pay rise of between 5 and 10 percent on average in 2024, according to a survey from the Czech Chamber of Commerce (HK), mainly due to increased demand for workers. However, companies are also increasingly rewarding their employees with work-related perks and benefits to retain their workers.

Salary rises due to high demand

Research from HK finds that most industries in Czechia will see pay rises of up to 10 percent, with the manufacturing, construction, and gastronomy sectors being slightly more generous with salaries. Ladislav Minčič, an HK director, expects workers’ real monthly incomes to rise by 3 percent this year due to the continuing trend of increasing nominal wages in Czechia and declining inflation.

Companies in the construction industry will also pay their staff around 5 to 8 percent more due to rising demand. Workers in the gastronomy sector should also look forward to higher pay – in the past month, the average starting salary of gastronomy employees rose by almost 15 percent, to CZK 31,000.


  • Nominal wage growth in 2023 grew by around 7.5 percent (year on year)
  • Real wages fell by around 3 percent last year
  • Nominal wages are expected to grow by between 8 and 12 percent in 2024
  • Real wages should grow by around 5 to 6 percent this year, based on inflation
  • The average gross monthly salary nationwide is about CZK 43,970 – in Prague, this figure stands at CZK 51,900
  • Unemployment in Czechia, as of January 2024, is at 4 percentSources: Czech Statistical Office, Grafton

"Wages will grow the most particularly where there is the greatest shortage of applicants,” commented director of staffing firm Grafton Recruitment Martin Malo earlier this year. Malo also mentioned that “the most critical situation” in the country’s labor market gap is the lack of qualified production experts and craftsmen.

Salaries: An awkward conversation, but important

When it comes to asking for more money, a survey by Grafton found that Generation Z had the most challenging time approaching their bosses for more money. On the other hand, it was the generation that most highly valued pay increases (and overall salary) compared with other work-related perks.

Regarding reasons for leaving a job, inadequate salaries (or a better wage offer elsewhere) were the most frequently cited among all generations. 

Speaking to in the past, Jitka Součková of Grafton advised workers to check their value in the job market before applying for a raise. "It's also useful to know the current situation in the labor market and how much you could get elsewhere, as well as the general wage conditions in the company. It's reasonable to ask for more than, for example, the starting salary you could get from a competitor,” she added.

Other work benefits

Companies also motivate people in other ways. Some firms, for example, offer staff benefits in the way of company shares (especially common in start-ups), staff discounts, or vouchers.

"We see an overall shift towards financial benefits. This is because non-financial benefits are now taxed more [after the government’s consolidation package]. Financial benefits – various types of bonuses – make up 8.8 percent of all benefits. Extra vacations follow, at 8.5 percent, and then catering, with 8.3 percent," data analyst Michal Španěl from the work-news website JenPrá told Czech media outlet ČT24.

Regarding preferences for staff benefits, Grafton found that white-collar employees’ most popular work benefits were an annual vacation of over five weeks, whereas blue-collar workers most often wanted bonuses.

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