Average wages - 1st quarter of 2010

The lowest nominal growth of wages since 2000

07.06.2010
Code: r-3101-10
 




In Q1 2010, the average gross monthly nominal wage per employee FTE in the entire national economy increased by 2.2% compared to the corresponding period of the previous year, with the real wage increasing by 1.5%. In the business sphere the average nominal wage increased by 2.0%, real wage by 1.3%. In the non-business sphere the average nominal wage raised by 3.0% and the real wage by 2.3 %. The volume of wages shrank by 2.4%, the number of employees was 4.5% down.


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In Q1 2010, the average gross monthly nominal wage (hereinafter only the “average wage”) per employee FTE in the entire national economy raised, compared to the previous quarter, by 0.7% seasonally adjusted.

The average wage accounted for CZK 22,748 and was by CZK 484 (2.2%) higher compared with the same period of 2009. Consumer prices grew by 0.7% for Q1 2010, compared to the same period of the previous year, so that the real wage increased by 1.5%. The average wage increased by CZK 440 (2.0%) to CZK 22,693 in the business sphere, with the real wages rising by 1.3%. In the non-business sphere the average wage rose by CZK 669 (3.0%) to CZK 22,982, with the real wage increasing by 2.3%.

In Q1 2010, the inter-industry wage differentiation decreased, compared to the corresponding period of the previous year. The variation coefficient of average wages (according to CZ-NACE sections) decreased by 1.6 percentage point to reach 40.1%.

The average nominal wage (according to CZ-NACE sections) dropped namely in 'professional, scientific and technical activities' (-7.9%), 'financial and insurance activities' (-1.1%) and in 'information and communication' (-1.0%). The biggest growth of nominal wage was recorded in 'human health and social work activities' (+7.6%), 'arts, entertainment and recreation' (+7.3%) a 'mining and quarrying' (+5.6%). The highest nominal wage (in financial and insurance activities) was approximately 4.4times higher than the lowest nominal wage (accommodation and food service activities).

Analysis - Analysis of the development of average wages of employees


Note:
Contact: A. Porubská, tel. 274052210, e- mail: anna.porubska@czso.cz
Data source: CZSO direct quarterly survey and the CZSO models – see the methodological note under the attached table for details
End of data processing: 28 May 2010
The data are preliminary; revised data will be available in September 2010 .
Related publication: 3106-10 Registered Number of Employees and their Wages in the CR for Q1 2010, to be brought out on /csu/czso/evidencni-pocet-zamestnancu-a-jejich-mzdy-1-az-4-ctvrtleti-2010-xpoagw4zpo in Ju ne 2010.

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



  • apmz060710.doc

  • Annexes:
  • Table 1 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: 07.06.2010
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