Slovak wage growth lags behind other V4 countries
Slovak net salaries have increased by 40% since 2016, while in the rest of the V4 countries it was 84-90%, SLSP data show. Employees here also suffer under a high tax and levy burden. Employees in the private sphere receive only 51% of their super gross salary, compared to 57% in Poland, 59% in Hungary and 61% in Czechia. After-tax salary in private sector:
2023 | 2016 | |
Czechia | 1.411 € | 765 € |
Poland | 1.257 € | 666 € |
Hungary | 1.062 € | 558 € |
Slovakia | 970 € | 693 € |
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