MINIMUM AND AVERAGE SALARY IN THE CZECH REPUBLIC

The Czech Republic is located in the Central part of Europe and has no access to the sea. It borders Poland to the north, Germany to the northwest and west, Austria to the south and Slovakia to the east. It is a beautiful state with ancient history, interesting culture and traditions.

Salary in Czech Republic

The population of the Czech Republic is about 10.7 million people. The overwhelming majority of local residents are ethnic Czechs. About 400 thousand foreigners live here, which is only 4% of the total population. The country is a part of European Union and has a developed industrially oriented economy.

Let's find out what salaries in the Czech Republic in 2020.

Minimum salary in the Czech Republic

According to the Czech government, the official minimum wage in the Czech Republic from January 1, 2020 is 14,600 korunas per month, equivalent to 580 dollars. Compared to the same period last year, the rate has increased by 1,250 korunas ($50) or 9.37%. Over the last 5 years, the minimum wage of Czech workers has increased by CZK5,400 – from CZK9,200 in 2015 to CZK14,600 in 2020.

Employment in the Czech Republic during a standard 40-hour work week guarantees a minimum wage for employees, the amount of which depends on the level of complexity, responsibility and intensity of work. These parameters form the so-called working groups. A total of 8 working groups are provided for in the Czech Republic.

GUARANTEED MINIMUM WAGE IN THE CZECH REPUBLIC

Working group Korunas/dollars per hour Korunas/dollars per month
1 87,30/3,5 14 600/580
2 96,30/3,8 16 100/640
3 106,40/4,2 17 800/705
4 117,40/4,7 19 600/780
5 129,70/5,1 21 700/860
6 143,20/5,7 24 000/950
7 158,10/6,3 26 500/1 050
8 174,60/6,9 29 200/1 160

Note. The highest level of the minimum wage in the Czech Republic (CZK29,200 per month – group 8) is usually set for specialists such as a finance and sales director or a broker on the financial and capital markets. The minimum wage (CZK14,600 per month – group 1) is set for professions that do not require a high level of qualification – kitchen assistant, seamstress, storekeeper, saleswoman, cleaner, courier.

For a working week of less than 40 hours minimum wage rates in the Czech Republic are as follows:

  • Working week of 38.75 hours – CZK90.10 per hour ($3.6)

  • Working week 37.50 hours – CZK93.10 per hour ($3.7)

Average salary in Cyprus the Czech Republic

According to the official data of the Czech Statistical Office, the average salary in the Czech Republic in 2020 is CZK36,144 per month ($1,435). This is CZK2,274 (6.7%) more compared to the same period last year. At the same time, consumer prices increased by 3%, that is, in real terms, wages increased by 3.6%.

AVERAGE SALARY IN THE CZECH REPUBLIC

Sector of economy Korunas per month Dollars per month
Information and communication 59,888 2,375
Financial and insurance activity 57,550 2,285
Supply of electricity, gas, steam and air conditioning 52,373 2,080
Professional, scientific and technical activity 43,052 1,710
Public administration and protection 41,707 1,655
Education 41,674 1,655
Mining 40,101 1,590
Health care and social work 38,404 1,525
Production 35,151 1,395
Water supply, sewerage and waste management 33,913 1,345
Wholesale and retail trade 33,249 1,320
Art 33,008 1,310
Transportation and storage 32,882 1,305
Construction 31,606 1,255
Real estate operations 30,330 1,205
Fishing, agriculture and forestry 30,306 1,200
Administrative and support services 23,129 920
Accommodation and meals 20,639 820
Other services 27,089 1,075

Important. The average median salary in the Czech Republic in 2020 is 31,202 korunas per month ($1,240). Men receive on average 33,814 korunas and women 28,481. About 80% of Czech workers earn between 15,365 and 58,398 korunas per month.

AVERAGE SALARY IN THE CZECH REPUBLIC BY REGION

Region Korunas per month Dollars per month
Prague 44,237 1,755
Středočeský kraj 36,829 1,460
Plzeňský kraj 35,256 1,400
Jihomoravský kraj 35,178 1,395
Královéhradecký kraj 33,776 1,340
Liberecký kraj 33,643 1,335
Ústecký kraj 33,429 1,325
Jihočeský kraj 33,256 1,320
Vysočina 33,052 1,310
Pardubický kraj 33,030 1,310
Olomoucký kraj 33,001 1,310
Zlínský kraj 32,702 1,295
Moravskoslezský kraj 32,664 1,295
Karlovarský kraj 31,811 1,260

Note. Information on average salaries in the Czech Republic by sector and region is based on the current official data of the Czech Central Statistical Office.

In conclusion, the unemployment rate in the Czech Republic is about 3% and the income tax rate in 2020 is 15%. Entrepreneurs whose annual income is more than 48 times the average wage in the country are subject to an additional tax of 7%.

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