30th January 2017

Eurostat: Gross monthly earnings by economic activity in the EU | Deloitte European Salary Survey

According to Eurostat data (2014), in the Czech Republic, gross monthly earnings exceed 1,000EUR in the sectors of Information & Communication, Finance & insurance, Electricity, gas & steam, Scientific & Techincal activities and Mining & quarrying.  Click here for comparisons, infrographic

Deloitte European Salary Survey adds that employer costs for work in the Czech Republic are the highest in Central Europe. The net income of employees with higher salaries is relatively high in the Czech Republic, namely as a result of the flat income tax rate. The Czech Republic is doing surprisingly well regarding the relation of net income to the total costs, where it ranks fifth, before Switzerland, Malta, Poland and Luxemburg. Read more details.

Read also an article by Radio Praha. The idea of the Ministry of Labor and Social Affairs to encourage people to commute to jobs from their homes with payments of between 1,000 and 3500 crowns a month to help cover the transport costs now stalls. The regional mobility allowance launched in April was eventually paid out to 555 applicants five months later. Around two fifths of those payments were made in the Moravia-Silesia region, one of the areas with the highest unemployment rates in the country. But an attempt to widen the mobility payments to workers and their families who are prepared to move lock stock and barrel to get work has not had anywhere near the same response. The uptake for the one off payments of up to 50,000 crowns to move at least 50 kilometres to land a new job was launched in November. So far, according to Czech public service broadcaster, Czech Television, those payments have been handed out to just 15 applicants, Radio Praha wrote.

Also, household real consumption per capita increased by 0.3% in the third quarter of 2016, after an increase of 0.1% in the second quarter of 2016, eurostat data show.




Members of the American Chamber of Commerce in the Czech Republic