- About Czech Republic
- Working conditions
- Sectors and companies that are recruiting
- Applying for a job
- Major recruitment pointers
- Recruitment Resources and networks
1. About Czech Republic
The Czech Republic is a stable and prosperous market economy, which harmonized its laws and regulations with those of the EU prior to its EU accession in 2004. While the conservative, inward looking Czech financial system has remained relative healthy, the small, open, export-driven Czech economy remains very sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell 4.1% in 2009, with most of the decline occurring during the first quarter. Real GDP, however, has slowly recovered with positive quarter-on-quarter growth starting in the second half of 2009 and continuing throughout 2010. The auto industry remains the largest single industry and, together with its suppliers, accounts for as much as 20% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. Foreign and domestic businesses alike voice concerns about corruption, especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.
Population: 10.2 million
GDP per inhabitant (2010): USD 25.600,-
Unemployment rate (09/10): 9.0%
2. Working conditions
Business meetings in the Czech Republic are arranged well in advance by a fax or a formal letter. Business cards are commonly used and should preferably be in Czech. Because of a rather laid back attitude towards business and highly bureaucratic administrative organization structures it may take a very long for any decision to be made. Despite this, hard work is considered to be a must for every employee. The more time you are willing to spend at the office the higher your chances for a promotion. Once you’re promoted, you will have to work even longer. The actual productivity and efficiency, however, seem somewhat less important – at least compared to other countries.
Legal working hours : 40.0 hours per week.
Length of trial / notice period: Trial period -3 months, according to agreement can be extended. Notice period – 2 months.
Employment formalities: Citizens of EU member states and citizens of Norway, Iceland, Lichtenstein and Switzerland, family members of citizens of the CR can work in the CR without permit. Other foreigners have to have a valid work permit and a valid residence permit for the CR or to be green card holder. (The green card is both a residence permit and a work permit). The duration of permit is maximum for 2 years and can be repeatedly extended.
3. Sectors that are recruiting
Advanced Technologies, Information Technologies, Finance and Banking, Industry.
Companies that are recruiting: Industries: Škoda Auto, ?EZ, Unipetrol, RWE Transgas, Foxconn, Honeywell, Alstom Group, ABB High tech and Telco: T-Mobile, IBM, HP, Telefonica Financial Services: Komer?ní banka (SOGE), ?SOB (KBC), ?eská spo?itelna (Erste Group), UniCredit Bank, AXA
4. Applying for a job
Application documents: Motivation letter. CV in czech and english. Approval for disclosure of personal data.
Advice regarding the CV: It need to be achievement oriented. One page is not enough, particularly if you hold a management position. Professional CV – suggested structure: 1. Personal Data. 2. Education, professional trainings and seminars. 3. Languages / level. 4. Professional Knowledge and Capabilities (emphasis on requirements with respect to the requested position). 5. Other Knowledge and Capabilities. 6. Practice / employment record (company name, position, responxibility, references in terms of examples of realized projects etc.). Emloyment record has the following order – first mentioned is the latest recorded employer. 7. Interests.
5. Major recruitment pointers
Business Etiquette/knowing how to behave during interviews: Punctuality is an important aspect of Czech business culture. Due to the reserved nature of the Czech culture, the use of status titles in both verbal and written forms is important. The Czech take a reserved and often impersonal approach to business meetings, during which trust and friendship is slowly cultivated.During an interview interviewers usually concentrate on the candidate´s activities during the last three to five years. The golden rule for interview is to find out as much as possible about company and the job you are being interviewed for. It is useful to have a general awareness about the company´s activities, products. An equal level of mutual respect is to be aimed for.
Languages you must be able to speak: Czech, English.
Flagship training: Charles University (law, medicine, social sciences), Czech Technical University (IT, machinery industry), University of Economics (business), MBA.
Compensation&Benefits / Taxes: 1. Fixed salary + bonuses (25% – 100% of the yearly fixed salary – depends on the level of the position) 2. Company car, laptop, mobile, life and pension insurance 3. Four weeks of vacation period 4. Taxes are paid every month (15%) as well social and healthcare insurance (11%).
6. Recruitment resources and networks
Where to network:
Czech and international chambers of commerce, alumni, professional associations such as Confederation of Industry of Czech republic.