Competitiveness
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
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Survey: the most common reasons to change jobs
It may seem that the Czech economy has not yet recovered from the covid pandemic and its consequences, however, companies are already looking ahead, continuing with reaching their goals, innovating. Recruitment has started in most sectors to a similar extent as it was less than two years ago. Or even in some sectors, the recruitment pressure is even stronger than before! Companies face a difficult task: they need to address and attract the right candidates and retain both these new and existing talents and key employees.
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Erste Group launches equity booster to support social organisations’ growth
Erste Social Finance Holding, a joint venture of Erste Group and ERSTE Foundation, recently launched “Quasi-equity”, an innovative social finance instrument. This new funding opportunity, which has received financial support from the European Union, helps social organisations grow and scale up their impact by strengthening their equity. Provided in the form of a so-called “qualified subordinated loan”, Quasi-equity is available to social enterprises, non-profit and non-governmental organisations in Austria, the Czech Republic, Slovakia, Serbia, and Croatia.
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Czech employers report cautiously optimistic hiring plans
Employers in the Czech Republic anticipate the strongest hiring pace in two years during the October to December period, reporting a seasonally adjusted Net Employment Outlook of +10%. Hiring intentions strengthen by 5 and 9 percentage points from 3Q 2021 and 4Q 2020, respectively.
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