Report from the Czech Republic: economic overview

Article Abstract:

The Czech Republic's socio-economic environment and its transformation from a centrally controlled system into an open-market system are reviewed. The Czech Republic's fast growing gross domestic product (GDP), positive balance of payments, sustainable current account deficit, and a safely controlled inflation shows that it is on the way to becoming compatible with the European Union and would remain a politically and economically stable country even afterwards.

Labor Distribution by Employer, Economic aspects, Statistics, Gross domestic product, Inflation (Finance), Growth, Control, Company growth, Inflation (Economics)

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Report from the Czech Republic: remuneration

Article Abstract:

Problematic issues around remuneration in the Czech Republic are reviewed. During the Communist era in the Czech Republic, human resource only meant managing the monthly payroll process, thus in a market economy where payment was linked to market practice and company strategy, job accountability and job evaluation became difficult for employees who had experienced a Communist rule.

Personnel administration, Venture Analysis, Evaluation, Human resource management, Reports, Business enterprises, Wages, Wages and salaries, Company personnel management, Salary

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