This case study discusses economic and labor trends in the Czech Republic as well as compensation and talent management issues. The Czech economy is growing dynamically, particularly in automotive, manufacturing, and tourism. The unemployment rate is decreasing and is currently the 2nd lowest in the EU at 4.9%. Companies will continue growing and giving raises while retention remains a challenge. Hay Group provides various HR consulting services to help with compensation, benefits, surveys, leadership assessments, and talent management.

1. CASE STUDY – Ginger & Cin PLC.
Tomas Blazek

2. CONTENT
1. Personal Introduction
2. Economic & labor trends in the Czech Republic
3. Compensations
4. Talent management
5. Hay Group services
6. Sources
7. Q & A

3. 1.Personal Introduction

4. 2. Economic & labor trends
in the Czech Republic
• Dynamic market (Automotive, Industrial manufacturing, FMCG,
Retail, Travel, Leisure & Tourism)
• Population 10.2 million
• Decreasing unemployment rate
• Currently 2nd lowest unemployment rate in EU – 4.9 %

5. 3. Compensations
1. Companies will continue to grow
2. Employees will get raises
3. Retention will continue to be a cause for concern
4. Some positions will still be hard to fill
5. Social media use will continue to align with business strategy

6. 4. Talent management

7. 4. Talent management
•HR capabilities correlate with economic
performance
•Key performance indicators should link to
strategic actions

8. 4. Talent management

9. 5. Hay Group services

10. 5. Hay Group services
• Compensation, benefits and transformation
• Employee surveys
• Leadership diagnostics
• Merger and acquisitions
• Strategy implementation
• Talent management
• Compensations

11. 6. Sources
• http://www.haygroup.com/cz/
• http://www.hrnews.cz/
• https://www.cia.gov/library/publications/the-world-
factbook/geos/ez.html
• http://www.payscale.com/compensation-today/2015/01/5-
compensation-and-workforce-trends-for-2015
• http://docs.sbs.co.za/Gail%20Lumby.pdf

12. 7. Q & A

13. blazek_tomas@yahoo.com