From 1 January 2023, the minimum wage in the Czech Republic will increase by CZK 1,100 to CZK 17,300 per month. This applies to employees with a weekly standard working time of 40 hours. The minimum hourly wage will increase from CZK 96.40 to CZK 103.80.
The average monthly wage will increase from CZK 38,911 to CZK 40,324 in 2023.
|Minimum wage||CZK 17,300.00||CZK 16,200.00|
|Average wage||CZK 40,324.00||CZK 38,911.00|
Lowest levels of guaranteed wage 2023 (in CZK)
The increase in the minimum wage will affect the lowest levels of the guaranteed wage. The lowest guaranteed wage will range from CZK 17,300 to CZK 34,600 per month, or from CZK 103.80 to CZK 207.60 per hour in 2023 depending on the work group.
The following table shows the guaranteed wages for 2023 according to the length of the weekly standard working time of 40 hours / 38.75 hours / 37.5 hours.
|Work group||Guaranteed wage per MONTH||Guaranteed wage per HOUR|
|40 hours per week||38.75 hours per week||37.5 hours per week|
Other effects of the increase in the minimum and average wage
- The maximum amount of the possible tax allowance for placing a child in a pre-school facility (nursery-fees) will increase to CZK 17,300 (for 2023).
- The limit for the exemption of regularly paid pensions will be increased to CZK 622,800 / year (36 times the minimum wage), i.e. CZK 51,900 / month.
- The health insurance, which must be deducted from the minimum wage, e.g. by the tax-exempted persons, will increase to CZK 2,336 / month (13.5% of the minimum wage).
- The limit for the application of the second tax rate is increased – the monthly limit is increased by CZK 161,296 (4 times the average wage), and the annual limit is CZK 1,935,552 (48 times the average wage).
- The maximum assessment base for social security premiums is increased by CZK 1,935,552 (48 times the average wage).
If you’d like to to learn more about the taxes in the Czech Republic and calculate your indicative net salary, take a look at our 2023 payroll calculator for the Czech Republic.
Evolution of minimum wage in the Czech Republic during the past years
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