Minimum wage to increase in 2022

The Czech government has announced that it will increase the minimum wage by just under 6.2% in 2022.

Key Points:

• The Czech Republic’s national monthly minimum wage will increase by 1000 Czech koruna from 15,200 CZK to 16,200 CZK.
• The new minimum wage will take effect Jan. 1, 2022.
• The 2022 national minimum wage has no effect on EU Blue Card salary requirements.

BAL Analysis: Businesses may see a slight increase in labor costs because of the new minimum wage. Employers should take the new minimum into account when planning their 2022 budgets.

This alert has been provided by the BAL Global Practice group. For additional information, please contact berryapplemanleiden@bal.com.

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