Czechia still lags behind EU average despite rising wages
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Czech incomes have surpassed that of Portugal and Greece, but are still one-third lower than EU average due to purchasing power and high inflation.
Real wages to rise in 2024 as Czech firms aim to attract more employees
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Last year saw a lack of skilled candidates applying for jobs due to poor wages – however, trends in the labor market are set to shift in 2024.
Czechia approves near-10-percent rise in minimum wage: Who will benefit most?
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Both monthly and hourly minimum wages will see substantial increases as Czechia strives to meet an EU directive on salaries.
Czechia's average wage surges by 7 percent, but declines in real terms
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Despite a sizable increase in nominal wages, rampant inflation seen in much of the past two years has actually devalued salaries.
Sixty percent of Czech employers plan to raise wages next year
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Amid decelerating inflation, this should mark the first increase in real wages since the middle of 2021.
iPhone Index: Czechs have to work nearly three weeks to buy newest model
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Without spending on anything else, the average Czech needs two-and-half weeks of net wages to buy Apple's new iPhone 15 Pro.
Real wages slump in Czechia for seventh consecutive quarter
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Despite a rise in nominal wages, high extant inflation is behind the decline in average salaries.
Czech trade unions push for increase in minimum wage to CZK 19,500 monthly
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The Czech-Moravian Confederation of Trade Unions is advocating for a significant rise in the country's minimum wage, up to CZK 19,500 from next year.
Czech salaries are growing, but still lag far behind Germany and Austria
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The Czech Republic leads the Visegrád Group in average wages, according to a new study by Mazars, but trails its neighbors to the west.
Average Czech wage takes a hit with 6.7 percent real-term decline
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Prices again rose faster than wages, meaning that people have effectively seen a drop in their purchasing power.
Almost two-thirds of Czech employees don’t earn a minimum decent wage
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Inflation and lower salary increases mean that more people working in Czechia can no longer maintain a basic standard of living.
On Teachers' Day, Czech university academics plan nationwide protests over low salaries
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The demonstration will feature mainly lecturers of humanities and the social sciences, who on average earn less than secondary school teachers.
Real wages in Czechia fall to record lows
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New data released by the Czech statistical office shows that the average wage fell by 6.7 percent in real terms.
How do Czech workplace expectations compare to the global workforce?
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Czechs are more likely than average to ‘quiet quit’ at work, but less likely to actually quit an unsatisfactory job.
Survey: Wages in Czechia rose over 50 percent in the last decade
When calculated in U.S. dollars, wages rose seventh most of any developed economy in the world.
The Daily Dozen: 12 things to know about Czechia today
A Czech satellite, World Rally in Prague, metro woes, and other buzzworthy Czech headlines for Nov. 29, 2022.
Real wages in Czechia are falling faster than the EU average
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Analysts say the drop, which is the highest among Visegrád Group countries, is only temporary.
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