THE IMPACT OF ECONOMIC GROWTH ON WAGES AND THE SUPPLY OF EMPLOYEE BENEFITS IN THE CZECH REPUBLIC
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F18%3A50015007" target="_blank" >RIV/62690094:18450/18:50015007 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
THE IMPACT OF ECONOMIC GROWTH ON WAGES AND THE SUPPLY OF EMPLOYEE BENEFITS IN THE CZECH REPUBLIC
Original language description
The Czech Republic is in a period of economic growth and among the countries with the lowest unemployment rates in the EU, it is below the natural rate of unemployment. Labour shortages force companies to compete for employees with other organizations. One of the major factors in this fight can be the employee benefits on offer. Is that really the case? The first part of the paper is devoted to the analysis of the unemployment rate in the EU and the Czech Republic. The second part of the article focuses on employee benefits from several selected perspectives. The results show that the offer of employee benefits is certainly not a significant factor influencing the labour market situation. Social benefits make up only a very small percentage of total labour costs and their amount does not increase. The existence of an offer of employee benefits and their amount is additionally dependent on the size of the organization. Although employee satisfaction with employee benefits is very low, data from the CSO shows that labour shortages are more pronounced in wages that have been growing for a long time. In the context of the research question, it can be said that in the Czech Republic, the low rate of unemployment did not have a major impact on the offer of employee benefits during the reviewed period.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Transformations in business and economics
ISSN
1648-4460
e-ISSN
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Volume of the periodical
17
Issue of the periodical within the volume
3
Country of publishing house
LT - LITHUANIA
Number of pages
15
Pages from-to
140-154
UT code for WoS article
000452818400009
EID of the result in the Scopus database
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