One of the main attractions of the Czech Republic is its skilled and well-educated labour force meeting demanding requirements of investment projects.
Furthermore, the country’s attractiveness is rooted in its dense, high-quality infrastructure as well as its geographical and cultural proximity to Western Europe. Although the country’s labor costs are higher than in some Asian countries, the above-mentioned factors far outweigh any negative aspects and make the Czech Republic an attractive destination for foreign investors.
The national average gross monthly salary rose to CZK 35,285 (approx. EUR 1,352) in the Q1 of 2021, a year-on-year increase of 3.2%. Over the past five years, average annual wage growth has been in the range of 3%-7% and it is expected to remain relatively stable at that level.
Wages in the Czech Republic are characterized by regional differences. The lowest are in the regions of Karlovy Vary, Zlín and Pardubice. Prague alone raises the national average wage by some 15%-20%.
Source: Czech Statistical Office, 2020
Average gross monthly wages in selected regions (in EUR), 2020
| Job Position / Region |
Prague region |
Pilsen region |
South Moravian region |
Moravian-Silesian region |
| Research and Development Managers |
3,725 |
3,884 |
3,532 |
2,929 |
| Manufacturing Managers |
2,923 |
2,849 |
2,290 |
2,524 |
| ICT Services Managers |
4,448 |
N / A |
3,716 |
N / A |
| Electrical Engineers |
2,344 |
1,998 |
1,868 |
1,847 |
| Mechanical Engineers |
1,979 |
2,024 |
1,883 |
1,778 |
| Accountants |
2,276 |
1,553 |
1,632 |
N / A |
| Software Developers |
3,164 |
N / A |
N / A |
2,156 |
| Database and Network Professionals |
2,680 |
N / A |
2,382 |
N / A |
| Mechanical Engineering Technicians |
1,580 |
1,553 |
1,376 |
1,369 |
| Administrative Workers |
1,047 |
962 |
976 |
804 |
| Accounting, Bookkeeping and HR Clerks |
1,624 |
1,293 |
1,298 |
1,264 |
| Toolmakers and Related Workers |
1,276 |
1,229 |
1,133 |
1,238 |
Note: Total labor cost = gross wage + 34% social and health contributions paid by the employer.
Average exchange rate 1 EUR = 26.5 CZK (year 2020 average, Czech National Bank)
Source: Ministry of Labour and Social Affairs, 2021
Average hourly wages in the European Union 2020 (EUR) (compensation of employees plus taxes minus subsidies)
Source: Eurostat, 2021