Average wages - 3rd quarter of 2010

The wage growth on the ten-year minimum

06.12.2010
Code: r-3101-10
 




In Q3 2010 the average gross monthly nominal wage per employee FTE in the entire national economy increased by 2.0% compared to the corresponding period of the previous year, with the real wage increasing by 0.1%. The volume of wages grew by 0.8%; the number of employees was down by 1.2%. In the business sphere the average nominal wage increased by 2.9%, the real wage rose by 1.0%. In the non-business sphere the average nominal wage dropped by 1.8% and the real wage decreased by 3.6%.


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In Q3 2010 the average gross monthly nominal wage (hereinafter only as “the average wage”) per employee FTE in the entire national economy increased by 0.5%, seasonally adjusted, compared to the previous quarter.

The average wage accounted for CZK 23 665 and was by CZK 473 (2.0%) higher than in the same period of 2009. Consumer prices grew by 1.9% in Q3 2010, compared to the same period of the previous year, so that the real wage increased by mere 0.1%. The average wage increased by CZK 676 (2.9%) to CZK 23 650 in the business sphere, with the real wage rising by 1.0%. In the non-business sphere the average wage fell by CZK 439 (1.8%) to CZK 23 731, with the real wage decreasing by 3.6%.

In Q3 2010 the inter-industry wage differentiation slightly increased compared to the corresponding period of the previous year. The variation coefficient of average wages (according to the CZ-NACE sections) increased by 0.2 percentage point to 32.5%.

The average nominal wage (according to CZ-NACE sections) dropped in 'education' (-2.5%), ‘public administration and defence; compulsory social security‘ (-1.5%) and ‘financial and insurance activities‘ (-0.7%). The biggest growth was recorded in ‘professional, scientific and technical activities‘ (+4.9%), ‘water supply; sewerage, waste management and remediation activities‘ (+4.0%), electricity, gas, steam and air conditioning supply‘ and ‘information and communication’ (both identically +3.9%). The highest nominal wage (in ‘information and communication’) was approximately 3.4 times higher than the lowest nominal wage (in ‘accommodation and food service activities’).

In Q1 to Q3 of 2010 the average wage accounted for CZK 23 324 and was by CZK 519 (2.3%) higher, year-on-year. Consumer prices in the mentioned period increased by 1.3% and the real wage rose by 1.0%. In the business sphere the average wage increased by CZK 595 (2.6%) to CZK 23 269, with the real wage rising by 1.3%. In the non-business sphere the average wage rose by CZK 168 (0.7%) to CZK 23 565, with the real wage decreasing by 0.6%.

Analysis - Commentary on the development of average wages of employees


Note:
Contact person: Dalibor Holý, tel. +420 274052694, e-mail: dalibor.holy@czso.cz
Data source: The CZSO direct survey and models – for details see the methodological notes under attached tables.
End of data processing: 25 November 2010
The data are preliminary; revised data will be available in March 2011 .
Related publication: 3106-10 Registered Number of Employees and Their Wages in the CR for Q3 2010, to be published at /csu/czso/evidencni-pocet-zamestnancu-a-jejich-mzdy-1-az-4-ctvrtleti-2010-xpoagw4zpo in December 2010.

The average gross monthly wage is the share of wages and salaries (including premium for overtime, direct remuneration and bonuses, refund of wages, etc.) per employee per month. Therefore it does not indicate what is the wage each concrete employee receives. Results of structural statistics, providing data on earnings of respective employees, show that approximately two thirds of employees have a wage lower than the national average.
It should be mentioned that an employee receives a net wage or salary, while the gross wage is such amount, from which the employer pays appropriate amounts on health and social security insurance, employment policy, and advance income tax.



  • apmz120610.doc

  • Annexes:
  • Table 1 Employees, average monthly wages (by NACE activity, quarter – in thousand employees, in CZK, year-on-year changes)
  • Table 2 Employees, average monthly wages (by NACE activity, quarter – in thousand employees, in CZK, year-on-year changes)
  • Graph 1 Average monthly wage (quarter – in CZK, year-on-year changes)
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Published: 06.12.2010
The data are valid as of the release date of the publication.


Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz