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Czech News in English » Business » SPČR sees space for growth in average wages

SPČR sees space for growth in average wages

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The Confederation of Industry of the Czech Republic (SPČR) sees space for a growth in average wages in the Czech Republic. This was stated by SPČR Vice-president Jan Rafaj at the seminary Convergence of Wages between Old and New EU Member States on April 6, 2016. According to employers, a change in the structure of jobs including the introduction of incentives for the creation of job opportunities with higher value added or the introduction of the initiative Industry 4.0 would be suitable ways for the growth in the average wages. According to preliminary results of a survey conducted by SPČR and the Czech National Bank in Q1 2016, employers predict an average growth in wages by about 2% in 2016.

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