Competitiveness / Employment and Social Affairs
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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As Salaries Grow, Contributions Drop in the Czech Republic
The higher the salary a Czech employee earns, the lower the percentage of their salary that they contribute to social security*. Compared to other countries, the percentage of the minimal and average salaries the employee retains is one of the lowest in net terms. However, in comparing the net salary to the gross salary of EUR 100,000 a year (approximately CZK 217,000 a month), the Czech Republic rises in the ranking, having the ninth highest net salary in Europe. These are the results of the Social Security Survey (PDF) conducted by Deloitte, in which 30 European countries participated**. Furthermore, the survey showed that the Czech Republic has one of the lowest minimal and average gross salaries. In European terms, an increase in the minimal salary is visible.
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OECD: How’s Life in the Czech Republic? Although well below the OECD average, life satisfaction is among the highest in East European OECD countries
Relative to other OECD countries, the Czech Republic has mixed outcomes across the different well-being dimensions, OECD How's Life report says.
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Bertelsmann Stiftung EU Social Justice Index 2017: Education performance has steadily declined in the Czech Republic since 2008
The Czech Republic ranks 4th overall in the 2017 EU Social Justice Index published by the Bertelsmann Stiftung, but challenges remain. "Though the Czech Republic still scores slightly above the EU average, in this year’s survey, experts point out that “Educational outcomes, and the employability of school and higher education graduates are generally good. One problem, however, is the low tertiary education attainment rate. Moreover, education outcomes are strongly influenced by students socioeconomic backgrounds."
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