Government approves minimum wage increase by 700 CZK

Workers working for minimum wage will earn 700 CZK more next year compared to this year. Czech lawful minimum wage is set to increase to 9200 CZK (approx. EUR 330) starting in January 2015.

“The minimum wage in our country is very low and it does not allow a dignified existence for people working for it. I am very pleased that the government has approved increase by 700 crowns, starting next year. In the long-term, I believe that the minimum wage should be increased progressively to meet a motivational role compared to revenue earned from social benefits, ” said Czech prime minister Bohusalav Sobotka.

According to representatives of the Czech employers, minimum wage increase may have a negative impact on Czech companies.