Share

Czech women face significant pay gap impacting their pensions

Written by
Portu
Published on
February 21, 2025

Pay inequality remains a pressing issue in the Czech Republic, with long-term consequences for women’s lives. Czech women earn, on average, 18% less than men, which translates to CZK 8,400 lower monthly wages. This disparity affects not only their current financial situation but also their pensions, which are on average CZK 3,271 lower than those of men.

According to Eurostat, the Czech Republic has the third-largest pay gap in the EU at 17.9%,following Estonia (21.3%) and Luxembourg, which has the smallest gap (1.3%). Slovak women face a similar situation, with a 17.7% wage difference compared to men.

“Lower earnings mean limited opportunities for women.This impacts not only their current financial standing but also their future pensions, which are determined by contributions to social insurance,” says Lukáš Raška, an analyst at the investment platform Portu. In 2022, Czech women earned an average of CZK 8,397 less per month than men, and their pensions were CZK 3,271 lower.

Despite these challenges, Czech women save and invest responsibly, preparing for a financially secure future. While women’s investment contributions amount to 73% of men’s, Slovak women manage to save even more – up to 84% of men’s contributions, according to Portu data.

Women as responsible investors

Although women often have less knowledge about investing (as shown by the Investment Literacy Index), their approach is more cautious and long-term oriented, which proves beneficial. A 2021 study by U.S.-based Fidelity found that women’s investment portfolios outperformed men’s by 0.4% annually.

This trend is confirmed by Portu’s data, where women account for 38% of clients and are more likely to choose socially responsible investments (ESG portfolios). In the Czech Republic, twice as many women as men invest in ESG options.

How to Improve Financial Security?

Securing a comfortable retirement is crucial, particularly given the earnings gap. Women should not underestimate the importance of preparing for their financial future. Setting aside funds for retirement is essential, and the state provides incentives such as the newly introduced Long-Term InvestmentProduct (DIP). This product offers tax deductions of up to CZK 48,000 annually, potentially saving up to CZK 7,200 per year.

Pay inequality is more than just a number – it directly impacts the quality of life for women. Addressing this issue requires both policy changes and a shift in attitudes toward saving and financial planning. Women, with their responsibility and patience, can be an inspiration in this regard.

Join our newsletter
Receive the newest blog posts, event invites, and more
Read about our privacy policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Popular guides
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
See more guides

Latest blog posts

Leadership

Navigating Cross-Cultural Communication: Where Do We Start?

With globalization and post-COVID trends, our world is more interconnected than ever. You can hire a team member who has never visited your country, collaborate with colleagues on the other side of the globe, or lead a remote project spanning multiple time zones. Easy? In many ways, yes – it’s never been more accessible. But let’s be honest: working across cultures still brings challenges.
Olga Mukhina
April 30, 2025
Entrepreneurship

"You look like a professional, and I trust you." How Personal Style Can Transform Confidence, Careers, and Connections

Veronika Maresova—founder, CEO, and lecturer at Empower Your Image—has spent over 10,000 hours coaching clients to align their inner mindset with their outer presence. In this insightful interview, she shares real-life transformations that prove personal style is more than fabric and colour—it’s a powerful tool for building self-esteem, strengthening professional relationships, and opening doors you didn’t think possible.
Femme Palette
August 13, 2023
Career

Empowering Women in Tech: insights on leadership, AI, and the future of work at the Femme Palette event

On April 15th, 2025, tech professionals and aspiring leaders gathered at Pure Storage in Prague for an empowering Femme Palette event dedicated to career progression and leadership in tech. The vibrant evening was filled with insightful discussions, practical workshops, and meaningful connections, leaving attendees inspired and equipped to advance their careers.
Femme Palette
August 13, 2023

Sky rocket your career now!