The average nominal monthly wage

Domain : Demographic and social statistics

Circuit : Labour cost

Modified : 2024-22-10

Term

The average nominal monthly wage

Area of use

Labour, Labour cost

Definition

The average nominal monthly wage consists of basic (tariff) wages set by wage rules including basic components of contracted wage and salaries for working overtime, compensation of wage for hours not worked, monthly and long-term bonuses paid according to performance and evaluation criteria, extra payments for working overtime, night work, work during Saturdays and Sundays, holidays, for environment damaging health, noise, risky and hard work, in-kind wages expressed in financial terms and other wages in the form of wage advantages whose level and periodicity are set in advance regardless of the situation in an enterprise. It is gross wage, non-lowered by legal or with employee agreed discount.

Source

Statistical Office of the SR

Unit of measure

Euro

Method of calculation
Legal basis

Act No. 311/2001 Coll. Labour Code as amended by later regulations,

Act No. 55/2017 Coll. on Civil Service as amended by later regulations,

Act No. 552/2003 Coll. on  execution of work of public interest as amended by later regulations,

Relation to international standards
Related terms
Synonyms
Context
Other links
Remarks
Back to list