Czechs get poorer as wage growth lags behind inflation
The purchasing power of people living in the Czech Republic is falling despite overall growth in wages.
What changes will affect daily life in the Czech Republic in 2022?
The new year brings various changes to personal finances, driving regulations, and family laws.
Czech wage growth could entrench inflation
As the cost of living rises in the Czech Republic, so are wages, potentially creating a long-term economic headache.
Czech wage jumps, with average Prague salary surpassing CZK 45,500
Average Czech wage up 5.7 percent in the third quarter, but some sectors lag behind inflation.
Monthly minimum wage to rise by CZK 1,000 next year
The outgoing Czech cabinet has confirmed a rise in the legal minimum wage starting in January 2022.
Czech morning news in brief: top headlines for May 25, 2021
Czech Republic closer to four-day work week, EU summit to discuss green future, summer coming slowly with chilly end of May predicted.
New EU rules will require wage disclosure, historically a taboo in the Czech Republic
In an effort to close the gender pay gap, the EU is pushing for more transparency in the workplace.
Median pay in the Czech Republic is over CZK 36,000, with Prague salaries even higher
Just over a quarter of all people in the Czech Republic earn between CZK 30,000 and CZK 40,000.
Proposed EU directive on minimum wage brews controversy from all sides
Trade union groups say the proposal does not go far enough, while business leaders call it a ‘dangerous experiment’.
Czech wages growing, but still lag far behind Germany or Austria
The past decade has seen Czech wages rise, but Germans still earn three times as much.
