Abstract:

States like the Czech Republic, Slovakia and Germany have instituted the minimum wage and at present use it to influence the functioning of the national labour market. The process of increasing the minimum wage in the Czech Republic will have clearer rules and it will no longer be entirely in the hands of politicians. In the future, the minimum wage should be determined by economic indicators, for example the average wage. Commercial representatives, the government and even the unions agree with the change of rules. The aim of the paper is to explain the function of minimum wages in Czech economy and express the causes of these indicator development deviations in chosen Central European countries.