The Czech Republic is one of the countries with the largest gender pay gap in the EU. On average, women earn a fifth less than men, and the annual difference exceeds one month's earnings. In an effort to combat this discrimination, the Ministry of Labour has launched a project called “22% to equality”, in reference to the difference in female and male incomes. The project involves comprehensive research, but also a web payroll calculator or an “equal pay program” for employers.
The fall of communism 30 years ago and the transition to a market economy had a major impact on many Czech producers and even the country’s iconic brands. Some of them failed to survive the tough competition they suddenly faced, others adopted a fresh strategy and stayed at the top. Czech Television recently presented a list of the winners, such as the companies Eta, Kofola or Botas.
Over 50 percent of Czech employees are willing to move for work. According to a new survey carried out by employment agency Randstadt, 52 percent of Czechs would consider moving even to a foreign country in view of a better career growth or a more balanced personal and work life. Nevertheless, Czechs’ readiness to work abroad is still considerably lower than in the neighbouring countries.
Prime Minister Andrej Babiš hopes that Toyota will expand its investment in the Czech Republic and start manufacturing hydrogen powered cars in its factory in Kolín, Hospodářské Noviny reported on Thursday. The car manufacturer is a world leader in alternative fuel automobile technology and is considering increasing its production in mainland Europe in case of Brexit complications.