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.

Optimism is back in the boardroom

It’s been about 18 months since the World Health Organization declared a global pandemic, and the latest edition of our CEO Outlook survey gauges how leadership strategies and concerns have shifted during these demanding times.  CEOs are confident in the growth prospects of their company and the global economy in general. They feel a strong connection to their organization’s purpose and are looking to expand their business to emerge stronger.

Mid-tier businesses play a fundamental role in global supply chains, yet many of them are running on legacy systems and processes, facing long-term underinvestment in skills and technologies and have a very strong case for change that crystallised particularly after the outbreak of the COVID-19 pandemic. Neglecting their specific needs could cause considerable damage to economies in the medium term.

Overview of the most important changes

An amendment to the Act on the Residence of Foreign Nationals came into effect on 2 August 2021, introducing a number of significant changes. See the key changes resulting from the amendment and a comparison with the status before 1 August 2021.