Minimum wage negotiations failed in Czech Republic
Trade unions and employers in Czech Republic on Thursday failed to agree on a planned minimum wage increase in 2014, leaving the decision in the hands of the government, local media reported. While trade unions demanded a CZK 600 (€23) raise, employers would not go higher than CZK 400. Social Affairs Minister Ludmilla Mullerová said she would present both options to the Cabinet for a final decision. The minimum wage is currently CZK 8,000 (€310) before tax, and has not been raised since 2007.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.