Short- and Mid-Term View on the Purchasing Power of Employees Working in the Public and Private Sectors, Considering the Existence of a Minimum Wage and the Influence of Inflation

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F25%3A39923407" target="_blank" >RIV/00216275:25410/25:39923407 - isvavai.cz</a>
Result on the web
<a href="https://lef.tul.cz/wp-content/uploads/2025/09/LEF_2025_full_proceedings.pdf" target="_blank" >https://lef.tul.cz/wp-content/uploads/2025/09/LEF_2025_full_proceedings.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15240/tul/009/lef-2025-22" target="_blank" >10.15240/tul/009/lef-2025-22</a>

Result language
angličtina
Original language name
Short- and Mid-Term View on the Purchasing Power of Employees Working in the Public and Private Sectors, Considering the Existence of a Minimum Wage and the Influence of Inflation
Original language description
The paper addresses the issue of employees' purchasing power, examining the minimum wage and taking the inflation rate into account. It considers an approach that uses a variable basis to evaluate employees' labor. The current situation is characterised by a lack of regular wage increases, resulting in a decline in real purchasing power due to inflation. The paper aims to determine how current practices can adapt to current influences and trends while increasing employee motivation and maintaining their real purchasing power. It also addresses how to achieve fairness and reduce uncertainty in the context of differing employee conditions. A wage indexation–based model has been created to solve this problem. This model solves the problem of decreasing purchasing power, thereby helping to achieve fairness and reduce uncertainty.
Czech name
—
Czech description
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Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Liberec Economic Forum 2025 : proceedings of the 17th international conference
ISBN
978-80-7494-747-6
ISSN
3029-8474
e-ISSN
3029-8474
Number of pages
12
Pages from-to
255-266
Publisher name
Technická univerzita v Liberci
Place of publication
Liberec
Event location
Liberec
Event date
Sep 3, 2025
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
001666192900021

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