Most Popular Job Benefits in the Czech Republic
In recent years the employers have developed another way to attract the best employees – benefit packages. What is the situation with the Individual benefits that are offered employees in the Czech Republic? See the infographic “JOB BENEFITS – WHAT WE HAVE VERSUS WHAT WE WANT” below!
According to a research carried out by HAYS Czech Republic s.r.o among 500 job seekers in 2015, the most popular are the bonuses in terms of financial rewards. Second ranks the professional training and personal development and third is the option to work from home. Other popular individual benefits offered to the employees, regardless of their position in the organisational structure of the company are additional days off, discounts on company products, meal vouchers, and insurance contributions.
An older source Platy.cz (2011) confirms that benefits vary widely especially according to the company’s size, resources and business culture. For example, some companies offer a wide variety of benefits – even accommodation and commuting support as well as relocation assistance. Some of the most popular company benefits listed are sports and cultural activities support, central office location, frequent company events and even “abstract benefits” such as security of working for a stable and growing international company or modern, multicultural working environment. There are also companies that offer to their employees the opportunity to purchase company equity shares and choose suitable pension plans.
Other employee benefits not as popular as the ones mentioned above include contractual sick pay (including absence to care for a family member), personal or job anniversary gifts, transport contribution, discount loans, courses at and outside the workplace. Sometimes employers offer to their employees use of their facilities for pre-schoolers, products at reduced prices, reduced working week without pay cuts, flexible working hours, and so on.
To briefly sum it up, salaries in Prague and the benefits offered to employees are getting more and more competitive to the ones offered in the other CEE countries. So, If you are considering relocating to one of the most scenic European capitals to seek new opportunities – don’t hesitate, Prague (and the bonuses) is totally worth it!
Written by Karolina Radichkova