Benchmark
The Czech Economy Is Surging, So Why Are Wages Stagnant?
While the Czech economy surged an annual 4 percent in the first quarter, wages rose at just over half that pace to reach 25,306 koruna ($1,030) a month.
Photographer: Vladimir Weiss/BloombergThis article is for subscribers only.
Czechs are getting short-changed.
An economic resurgence that's outshining western Europe hasn't brought a proportional uptick in salaries. Eleven years after the nation joined the European Union, average wages still trail those of a German street sweeper.