Experts: minimum gross decent wage should be CZK 40,912
The minimum gross decent wage for a full-time job in Czechia that would cover the needs of an adult with a child, as well as leisure time and small savings, should be CZK 40,912. In Prague, it should be CZK 42,776 due to the higher cost of living. The estimate was presented by a team of experts from the independent and informal Platform for a Minimum Decent Wage at a press conference on Tuesday.
With such a wage, people would be able to cover the costs of food, housing, clothing, transportation, healthcare, education, and free-time activities but also be able to pay for other important expenses, including savings for unexpected expenditures. According to the experts, 63 percent of Czech employees don’t reach the minimum gross decent wage.