21st August 2017

Government raises minimum wage for the 4th time in four years

At its session on 21 August, the Czech Government decided to raise from 1 January 2018 the Czech minimum wage to 12,200 CZK per month / 73.20 CZK per hour. This is the fourth increase of the Czech minimum wage in the past four years. Read details (in Czech).

View also a graph showing the development in the relation between the minimum and the average Czech wage since 1993. (In 2018, the level of the Czech minimum wage should equal to 40% of the Czech average wage level). Source: David Marek, Chief Economist, Deloitte Czech Republic. One comment to this Twitter post says that the minimum wage-to-average wage ratio will be higher than the average pension-to-average wage ratio.

 

 

Members of the American Chamber of Commerce in the Czech Republic