How much do we make? Wage evolution and other comparisons for the past 10 years.
It’s 2018 and unemployment is on its record low, the economy thrives and companies have difficulties recruiting new workforce. In most sectors, the demand for labour outmatches its supply, which pushes wages to rise. In the following graphs, we can take a look at the dynamics of the growth in the past 10 years. Data is provided by Profesia CZ, spol. s r.o., which operates the portal platy.cz. We didn’t use data produces by the Czech Statistical Office, as they only produce data based on administrative regions and not cities. The data itself consists of wages of employees, who filled out a survey at www.platy.cz. Every day, around 200 to 500 employees in various positions compare their salaries using this tool. The gathered survey data are controlled for duplicities and are filtered for invalid data in three separate phases of control. This research comprises a vast database of wagies on the labour market, including employees from a wide range of companies.
The data shows that the average wage in Prague and Bratislava is about 5 thousand CZK higher than in Brno, which is comparable to Plzeň, even though unemplyment in Brno is higher than that of this city in the West of Czechia. Ostrava has the level of average wage around 32 thousand CZK.
Education has always influenced the height of one’s salary significantly. It is therefore no surprise that people with higher education levels achieve greater pay than those with only primary education. However, the differences between groups with various education salaries over time hasn’t changed very much. On the other hand, what changed is the disproportion between pay of women and men, where the difference is almost 10 thousand CZK per month. Except the known barriers to pay equality, such as upbringing of children and more men in leadership positions, in Brno there is an extra cause for this phenomenon, which is a very developed IT sector occupied predominantly by men.
The best-payed proffesions are in the field of management and information technologies and those working in administration, transport and logistics earn the lowest salaries – on average around 25 thousand CZK.
Further development will be tighly influenced by the general state of the economy. Brno isn’t heavily dependant on one sector of economy, which is its strength, but a decline of a specific industry in the future, for example the automotive, might still have a significant impact on it. The advantage of Brno is that its economy is focused on the sector of services, where economic crises tend to manifest themselves more slowly and most of the time less rapidly than it’s the case for industrial cities. An important issue will be the acquisition of labour force, which is in extreme shortage. In this regard, Brno benefits from its proximity to Slovakia and the influx of the work force from there. We can expect that in the future, more and more foreigners will seek employment in Brno.