News
AmCham Human Resource Committee looked into newly proposed rules for remote work
Veronika Kinclová of Clifford Chance lead the AmCham Human Resource Committee through the impact of the proposed Labor Code amendment last Friday.
AmCham Real Estate Council: One crucial step to an innovative economy is a more innovative economic development and construction permit process
How does the Czech Republic move into the top five EU countries for business investment into research & development? Do we have the physical infrastructure for companies to do that research? Does CVUT, for instance, plan to surround teaching facilities with laboratories and offices for start-ups generated through university research? If so, does the Prague Municipal Plan incorporate such a possibility?
The windfall profits tax will be
On 6 October 2022, at a press conference (HERE), Finance Minister Stanjura confirmed the government's intention to introduce a windfall tax - below we summarise our current understanding of its main parameters according to the information available to us:
Grayling Czech Republic: Czech Municipal Election 2022 Report
Voter turnout in this year’s municipal elections was the fourth lowest in the modern history at 46%. Read more in the Czech Municipal Election 2022 Report by Grayling Czech Republic.
ManpowerGroup Employment Outlook Survey: Q4 Global Employment Outlook for Q4 Remains Strong Amid Cooling in Hiring
Executive Summary
• Used internationally as a bellwether of economic and labor market trends, the Net Employment Outlook – calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire – now stands at +30%, down slightly (-3%) from Q3, yet 6% higher than this time last year.
• Organizations in the IT industry report the most optimistic Outlook (+42%); followed closely by Banking, Real Estate, and Insurance (+37%).
• The brightest hiring intentions for next quarter are in Asia Pacific (+40%) and South and Central Americas (+39%), with the greatest expectations in Brazil (+56%) and India (+54%).
• While employers in Europe, the Middle East, and Africa (EMEA) anticipate relatively stable hiring (+21%), yet Outlooks for countries near Ukraine fall by as much as -17% since last quarter
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.