2. CONTENT
1. Personal Introduction
2. Economic & labor trends in the Czech Republic
3. Compensations
4. Talent management
5. Hay Group services
6. Sources
7. Q & A
4. 2. Economic & labor trends
in the Czech Republic
• Dynamic market (Automotive, Industrial manufacturing, FMCG,
Retail, Travel, Leisure & Tourism)
• Population 10.2 million
• Decreasing unemployment rate
• Currently 2nd lowest unemployment rate in EU – 4.9 %
5. 3. Compensations
1. Companies will continue to grow
2. Employees will get raises
3. Retention will continue to be a cause for concern
4. Some positions will still be hard to fill
5. Social media use will continue to align with business strategy