Remuneration and Employee Benefits in Organizations in the Czech Republic
In today’s highly competitive environment, the goal of organizations is to recruit, retain and sufficiently stimulate employees to give high quality performance, which may actually be achieved by a well‑developed system of remuneration and a wide range of suitably selected employee benefits. The art...
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doaj-a4309eceafe2457c8f99fe98adb8be462020-11-24T22:34:21ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102017-02-0165135736810.11118/actaun201765010357Remuneration and Employee Benefits in Organizations in the Czech RepublicHana Urbancová0Markéta Šnýdrová1Department of Human Resources, University of Economics and Management, Prague, Czech RepublicDepartment of Human Resources, University of Economics and Management, Prague, Czech RepublicIn today’s highly competitive environment, the goal of organizations is to recruit, retain and sufficiently stimulate employees to give high quality performance, which may actually be achieved by a well‑developed system of remuneration and a wide range of suitably selected employee benefits. The article aims to identify and evaluate important factors influencing the area of employee remuneration and benefits offered in organizations in the Czech Republic. The research was carried out through a questionnaire survey that involved selected organizations in the Czech Republic (n = 402). The obtained primary data were processed using descriptive and multidimensional statistics. The factors examined in relation to the employee remuneration and benefits include: industries and sectors of organizations; markets in which they operate; the size of organizations by the headcount; the existence or absence of the Human Resource Department. The results confirm that the organizations that want to maintain a good position in the labour market pay attention to their personnel marketing, which is also helped by the right (suitable) system of employee remuneration and fringe benefits thanks to which they retain their employees and can increase employee satisfaction and loyalty. Employee benefits are exactly what may distinguish the organizations from their competitors in the labour market.https://acta.mendelu.cz/65/1/0357/cafeteria systememployeesemployee benefitsorganizationremunerationretentionstimulation |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Hana Urbancová Markéta Šnýdrová |
spellingShingle |
Hana Urbancová Markéta Šnýdrová Remuneration and Employee Benefits in Organizations in the Czech Republic Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis cafeteria system employees employee benefits organization remuneration retention stimulation |
author_facet |
Hana Urbancová Markéta Šnýdrová |
author_sort |
Hana Urbancová |
title |
Remuneration and Employee Benefits in Organizations in the Czech Republic |
title_short |
Remuneration and Employee Benefits in Organizations in the Czech Republic |
title_full |
Remuneration and Employee Benefits in Organizations in the Czech Republic |
title_fullStr |
Remuneration and Employee Benefits in Organizations in the Czech Republic |
title_full_unstemmed |
Remuneration and Employee Benefits in Organizations in the Czech Republic |
title_sort |
remuneration and employee benefits in organizations in the czech republic |
publisher |
Mendel University Press |
series |
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
issn |
1211-8516 2464-8310 |
publishDate |
2017-02-01 |
description |
In today’s highly competitive environment, the goal of organizations is to recruit, retain and sufficiently stimulate employees to give high quality performance, which may actually be achieved by a well‑developed system of remuneration and a wide range of suitably selected employee benefits. The article aims to identify and evaluate important factors influencing the area of employee remuneration and benefits offered in organizations in the Czech Republic. The research was carried out through a questionnaire survey that involved selected organizations in the Czech Republic (n = 402). The obtained primary data were processed using descriptive and multidimensional statistics. The factors examined in relation to the employee remuneration and benefits include: industries and sectors of organizations; markets in which they operate; the size of organizations by the headcount; the existence or absence of the Human Resource Department. The results confirm that the organizations that want to maintain a good position in the labour market pay attention to their personnel marketing, which is also helped by the right (suitable) system of employee remuneration and fringe benefits thanks to which they retain their employees and can increase employee satisfaction and loyalty. Employee benefits are exactly what may distinguish the organizations from their competitors in the labour market. |
topic |
cafeteria system employees employee benefits organization remuneration retention stimulation |
url |
https://acta.mendelu.cz/65/1/0357/ |
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