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Czech financial sector strike threat highlights sector conditions

The financial sector in the Czech Republic is one where some of the top paying jobs are to be had. But there’s a reverse side to the coin as well with some back office and low level jobs earning relatively poor wages. And that’s one of the main reasons for a strike threat by workers from Czech in the financial sector.

 
 
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Czech farm minister defends domestic…

Popular Czech liquor known as ‘tuzemák’ has once again come under the spotlight from authorities in Brussels. According…

 
 
Business
 
 

Škoda unions to push for pay rises of…

Workers at Czech carmaker Škoda Auto are set to push for double-digit pay rises. But just 10 percent would be…

 
 
Business
 
 

Contactless Czechs spark arguments over…

Czechs are among the world leaders for so-called contactless cash payments. The use of such payments, such as on city…

 
 
Business
 
 

Antimonopoly office cancels rail…

The Office for the Protection of Competition has canceled a tender for the modernization of part of railway…

 
 
Business
 
 

Financial literacy important as early…

Teens in the Czech Republic get, on average, almost 700 crowns from their parents per month, according to a study…

 
 
Business
 
 

Employers angered by unions demand for…

Czech and Moravian trade unions have said they will demand an 8 to 10 percent wage hike in negotiations with employers,…

 
 
Business
 
 

Czech public sector pay rising fastest

Pay growth has been faster in the public than private sector and unions are now turning to securing further increases…

 
 
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Warehouse workers in short supply…

According to Czech Radio, warehouse workers are in short supply in the Czech Republic and more are needed monthly, as…

 
 
Business
 
 

Receipt lottery to be launched in…

The Ministry of Finance is set to launch a receipt lottery in October, the daily Hospodářské noviny reported on Tuesday…

 
 
Business
 
 

Uber reports 400,000 Czech downloads to…

The Uber app has been downloaded 400,000 times since the car service launched in the Czech Republic. Forty percent of…

 
 
 
 
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