A recent report from the Ministry of Labor and Social Affairs reveals significant salary growth for executive officials and masseurs in the private sector in the past year. Masseurs outside the healthcare sector experienced the most substantial increase, with their salaries reaching 27,754 Czech koruna in the first half of this year, marking a 17.94% increase compared to the previous year.

Other professions that have witnessed significant salary growth include estimators and goods experts, whose wages rose by 15.11% to 84,884 Czech koruna, and auditors in personal transportation, with their earnings increasing by 15.10%.

In contrast, the well-paid profession of pilots in the private sector experienced the most significant decline, with their salaries decreasing by 29,397 Czech koruna, falling from 160,823 to 131,426 Kč.

While the data regarding nominal growth or decline in average salaries reveals that executive officials in the energy sector have experienced the highest increase, with their salaries rising by 16,848 koruna, executives in the insurance sector follow closely with earnings increasing by 13,310 to 147,933 koruna. Pilots, however, continue to face challenges.

In the public and state sectors, the earnings of executive officials primarily saw an increase. The most significant growth was observed in personnel management, with salaries rising from 53,545 to 63,574 Czech koruna, marking an 18.73% increase. Personnel directors also experienced notable growth, with earnings increasing from 96,504 to 112,209 Czech koruna, a growth of 16.27%.

However, certain professions in these sectors witnessed a decline in earnings. Excavation workers saw a decrease of over four percent to 27,976 koruna, while station nurses in the obstetrics field experienced a decrease of 1.77% to 66,155 Czech koruna.

The Ministry’s data indicates that the average gross monthly salary in the public sector reached 45,406 Czech koruna, representing a 5.3% increase. In the private sector, the average wage increased by 7.5%, reaching 45,136 Czech koruna.

In other news, the Ministry also released data on unemployment trends in September. The employment office reported 263,020 unemployed individuals, an increase of 2,217 compared to August and 6,640 more than the previous year. Despite the increase, the proportion of unemployed individuals remained unchanged, standing at 3.6% by the end of September. Additionally, there were nearly 282,000 job vacancies available.

These developments underscore the dynamic nature of the job market in the Czech Republic, with certain professions experiencing substantial salary growth while others face challenges. As the economy continues to evolve, monitoring these trends and their implications on the labor market will be crucial.

Article by Prague Forum