TITLE
ABSTRACT
The rate of pay in education and health service is a permanently discussed topic in the Czech Republic. The present paper addresses the development of wages in the two sectors from the onset of the global financial crisis onwards. The research data are drawn from the website of the Czech Statistical Office and the variable investigated is an employee’s gross nominal monthly wage. The main objective of the study is to examine wage developments and compare them with the best- and worst-paying industries, the sectors being clustered together according to the average wage and selected variables. Another aim is the description of the trends in wage differentiation and diversification. Forecasts of wage levels and entire distributions in the two sectors by 2020 are also part of the research project
KEYWORDS
Education sector, healthcare sector, wage development, gross monthly wage, average wage, median wage, Gini coefficient, wage diversification, wage level prediction, wage distribution prediction
Cite this paper
Diana Bílková. (2019) Wage Trends in Czech Education and Healthcare Sectors. International Journal of Economics and Management Systems, 4, 215-227
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