Czech government approves minimum monthly wage rise to $739 from January

Economy1 hour ago (Nov 05, 2021 04:26AM ET)

(C) Reuters. FILE PHOTO: Chairs are placed on tables as the Deminka pub remains closed due to the coronavirus disease (COVID-19) restrictions in Prague, Czech Republic, March 30, 2021. Picture taken March 30, 2021. REUTERS/David W Cerny

PRAGUE (Reuters) – The Czech government has approved a rise in the minimum gross monthly wage by 1,000 crowns to 16,200 crowns ($739) from January, Deputy Prime Minister Karel Havlicek told Reuters.

The minimum wage is paid to about 150,000 of the country’s four million employees, but it is also used as a benchmark to determine higher wages in a number of professions.

The average monthly gross wage was 38,275 crowns (1,511 euros) in the second quarter.

($1 = 21.9170 Czech crowns)

(1 euro = 25.3339 Czech crowns)

Czech government approves minimum monthly wage rise to $739 from January

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