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Petříček, Martin


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Mladá fronta dnes - Czech Republic | 20/05/2015

Czechs deserve higher minimum wage

The Czech Republic's trade unions plan to demand pay rises of up to five percent once more in 2016. Their umbrella organisation criticised the monthly minimum wage of 330 euros in particular as far too low in Prague on Tuesday. The liberal daily Mladá fronta Dnes backs the unions: "Businesses are loudly protesting against an increase in the minimum wage and pay in general. They say this would lower their competitiveness. This stance is understandable. No one wants to pay more than they have to. If we had German wage levels, many of our current investors wouldn't be here anymore. Every investor's main goal is to make a profit, and they pay only as much as employees can be recruited for. But there is clearly scope for raising pay here. And not just the minimum wage, which is the fifth-lowest in the EU. Even in Slovakia where wages were always lower than in the Czech Republic in the past, the minimum wage is higher now."

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