Czech government to raise minimum wageChristian Fernsby ▼ | November 28, 2019
Representatives of the Czech coalition government agreed to raise the country's minimum wage by 1,250 crowns to 14,600 crowns (634 U.S. dollars) per month as of next January, according to local media reports.
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The minimum wage, which currently stands at 13,350 crowns (580 U.S. dollars), was last increased in January this year.
Trade unions demanded for the minimum wage to be increased by 1,640 crowns while employers suggested an increase of 700 crowns.
The negotiations resulted in a pragmatic settlement which should see a modest minimum wage increase of 1,250 crowns per month.
The formal text of the new regulation will be prepared by the Ministry of Labor and then be submitted to the Cabinet for approval. ■