As of January 1st,2021, government officials have issued an executive order posing a higher minimum wage rate in the Czech Republic. It has been raised from a monthly rate of CZK 14,600 to CZK 15,200.
The rate for employees who hold work permits and or employee cards has also been raised by 4.1%, averaging out their monthly rate to CZK 15,200 as well.
This adjusted rate is applicable to employees at every stage, including current employees, new employees, and those with renewed or pending applications.
Employers who have not yet done so will need to update all relevant documentation, and apply the new minimum wage rate to all employees; foreign employees included.
The information shared in this article provides general information only, and not professional advice. If you need to consult on international expansion of your business or have specific questions about local policy compliance, contact us today to speak to one of our experts.
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