While many sectors in the Czech Republic have been negatively impacted by COVID-19, there are some that have managed to expand their business through ecommerce. Retail, technology and construction are among the sectors which have found or maintained success during the pandemic.
Trends and challenges in recruitment
Unemployment rates hit a record high last year, rising from 2.6% to 3.6% - but we expect this figure to fall in 2021. Small businesses and the hospitality and leisure sector have been the hardest hit by the pandemic, with many businesses significantly reducing their headcounts.
Until these areas regain their strength, candidates must ensure they are able to adapt to another industry or role. The increased use of automation and AI will lead to more positions for technology candidates, so many will be looking to enter that market.
Skills and traits in high demand
There is a lack of technicians, craftsmen, mechanics, doctors, nurses and programmers on the market. Reskilling in one of these areas will give candidates a greater chance of securing employment, due to the high demand for professionals to fill these roles at present.
Employers will be looking for reliability in candidates, as well as the ability to work independently. With most of the workforce working from home, management professionals will need to demonstrate their excellent communication skills and their ability to effectively manage a team remotely.
Salaries and benefits
Most of the candidates on the market are those who have been made redundant solely due to the coronavirus outbreak. This means the quality of candidates available is higher than before. Businesses must offer competitive salaries and benefits and streamline their recruitment processes to avoid missing out on the best candidates.
Individuals have made greater benefit demands during this pandemic, including for flexible and remote working options, career development opportunities, and wellbeing support from their employers. This is likely to become the norm, even after the pandemic.
In a recent Reed Czech Republic survey, we asked what benefits people wanted and what they received. We found that 49% of respondents wanted a performance bonus, but only around half of that number receive it. In contrast, 53% of professionals surveyed said they received work mobile phones, but less than half of those recipients wanted one.
Sectors on the rise
Demand for IT specialists has grown, with more employees working from home around the country. The start-up community is also growing, and recruitment is fast paced in these businesses as new technology, knowledge and ideas are shared.
Despite the pandemic causing global economic uncertainty, most tech salaries have continued their year-on-year growth. Managers in programming/development in Prague, for example, can earn an average of 135,000Kč, up from 125,000Kč last year and 107,000Kč in 2019.
Multilingual shared services & business support
Most roles have seen varying levels of growth over the last year – especially those within customer service in Brno and accounting roles in Prague. For example, inside sales supervisors can earn an average salary of 60,000Kč, with this role seeing rapid growth over the last few years, averaging 52,500Kč in 2020 and 42,500Kč in 2019.
The MSS and business support sectors used to be teeming with foreign candidates. Due to the pandemic and the subsequent travel ban, for the first time in a long while, many Czech candidates are staying local and foreign candidates are scarce.
To find out more about the outlook in multiple sectors, download our 2021 Czech Republic Salary Guide now.