The Czech Government has approved Labour Minister Jana Maláčová’s proposal to raise the minimum wage to CZK13,350 (US$584.11) in January.
According to the Minister, at least 4% of the Czech Republic’s workforce - the equivalent of about 150,000 people - receive the minimum wage. But Malačová said: “The increase in the minimum wage does not only concern 150,000 people, but all workers, because it puts pressure on wage growth.”
She also plans to introduce new legislation that will ensure the minimum wage rises automatically each year by means of an amendment to the Labour Code.
The current minimum wage of CZK12,200 (US$533.80) is one of the lowest in the European Union, ahead of only Lithuania, Romania and Bulgaria, Brno Daily reported, even though gross average monthly salaries in the country reached an all-time high of CZK31,851 (US$1,393.61) in the second quarter of 2018.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
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Knowing you labour laws in the Czech Republic
The Czech Government has approved Labour Minister Jana Maláčová’s proposal to raise the minimum wage to CZK13,350 (US$584.11) in January.
According to the Minister, at least 4% of the Czech Republic’s workforce - the equivalent of about 150,000 people - receive the minimum wage. But Malačová said: “The increase in the minimum wage does not only concern 150,000 people, but all workers, because it puts pressure on wage growth.”
She also plans to introduce new legislation that will ensure the minimum wage rises automatically each year by means of an amendment to the Labour Code.
The current minimum wage of CZK12,200 (US$533.80) is one of the lowest in the European Union, ahead of only Lithuania, Romania and Bulgaria, Brno Daily reported, even though gross average monthly salaries in the country reached an all-time high of CZK31,851 (US$1,393.61) in the second quarter of 2018.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
OTHER ARTICLES THAT MAY INTEREST YOU
Knowing you labour laws in the Czech Republic
