Czech Koruna (CZK)
Czech Koruna (CZK)
The Czech Republic, nestled in Central Europe, is making significant strides in the global IT sector, fortified by an educational system that annually infuses the industry with 25,000 engineering graduates.
Prague, the nation's capital, is a beacon of the Czech Republic's technological advancement, pulsating with cutting-edge developments. The city is a nexus for tech events, startup accelerators, and R&D operations, attracting a diverse talent pool proficient in various technological disciplines, from advanced software solutions to IT consulting.
The Czech IT sector is robust, demonstrated by a healthy CAGR of 3.7% and a landscape of over 7,700 software companies, underscoring the country's expanding role as a significant IT service provider on the international scene.
The Czech Republic's strategic location in Europe, combined with its competitive costs and innovation-centric culture, is swiftly solidifying its status as a preferred destination for businesses seeking skilled software development services. The country's commitment to technological evolution, backed by a potent workforce and a dynamic IT market, marks the Czech Republic as an enticing hub for technology investments and partnerships.
ALLSTARSIT takes care of everything for you – we have a 360° approach with a full recruitment cycle
In the Czech Republic, the payroll cycle typically operates on a monthly basis. Salaries should be disbursed consistently on a specific day each month and must be issued no later than the subsequent calendar month after the work has been completed.
Any work conducted beyond the standard weekly hours qualifies as overtime, as stipulated by the employment contract or collective agreement. Overtime is capped at an extra 8 hours weekly and 150 hours annually.
Overtime work exceeding 40 hours a week is compensated at a rate of 125% of the employee's standard pay. Work during nights or weekends warrants an extra 10% in pay, while employees working on public holidays receive either an additional 100% in their pay or a substitute day off.
In the private sector, full-time employees have the right to 4 weeks (20 working days) of paid leave annually.
However, those employed in the public sector, along with certain other professions, are allotted 5 weeks (25 working days) of paid leave each year, while teachers are granted 8 weeks. Additional leave entitlements are specified in the employment contract or collective agreement.
After completing 60 days of service with the same employer, employees gain the eligibility to request leave. Employers, however, have the discretion to approve or reject leave applications based on business requirements.
Ideally, employees should utilize all leave within the designated year. Nonetheless, under certain circumstances, employees may be allowed to transfer a segment of their unused leave to the following year.
Employers are required to cover employee compensation for the initial 14 days of illness. From the 15th day onward, the Government takes over the responsibility, providing sick pay. This pay is calculated at 60% of the employee's average earnings for the first 30 days (including the days covered by the employer), 66% from the 31st to the 60th day, and 72% from the 61st day forward. Employees can avail themselves of sick leave for up to a total of 380 calendar days.
It's incumbent upon employers to obtain sickness certificates from their employees, keep pertinent records, and submit all necessary reports to the Social Security authorities.
Public and Provincial Holidays
In the Czech Republic, the notice period is required to begin on the first day of the month after the notice has been received and should last for a minimum of two months. This duration can be lengthened through a written agreement between the employer and the employee.
13th Month Bonus
While the Czech Republic's laws don't mandate the payment of a 13th-month salary, it's not uncommon for employers to provide a 13th-month salary bonus, usually dependent on performance.
Setting up a separate business entity in every location where you plan to hire employees or a team is time-consuming and incurs high legal fees.
At the same time, navigating local labor laws and adhering to employee expectations can be a complex and challenging task, as is finding accurate and up-to-date employment information for all your potential hiring locations. Not to mention that tracking invoices and managing employee contracts through email and spreadsheets is messy and error-prone.
Compliance is critical in this context, and we must ensure that we follow local guidelines, particularly regarding taxes and legalities.
ALLSTARSIT streamlines the process by offering an integrated solution for finding and hiring employees, managing HR and payroll, and automating compliance across 20+ countries. All simple and hassle-free.
Choose the right expert professionals required for your specific project, saving time and wasted effort.
This service enables software development companies worldwide to meet any technical needs outside their core skill set by adding specialized staff on demand while retaining control of the project's specifications and scope.
Establish R&D / Tech Support / QA & Testing / DevOps / Data Entry Centers in your chosen location.
Forget about investing in facilities, equipment, technology, or human resources. We manage all necessary operations as your specialist. This can help you save money and resources, all while reducing frustration and simplifying internal processes.
Use ALLSTARSIT as your EOR / CM to easily hire employees in new countries without setting up a legal entity.
We act as the employer for your new hire, handling all HR, payroll, tax, and compliance requirements on your behalf, while you maintain control of their workload.
Tap into a wide talent pool of top-tier engineers from our database. We will find the right fit for your business and help you reduce your hiring timeline.
Attract, hire, and retain top talent, building a motivated workforce that drives your business forward.
Managing tech equipment
Retention and risk analysis
Compensation revision & expense returns
1:1 meetings (180-degree)
Performance reviews & periodic surveys
Ongoing client and expert support
Expand your business globally and hire employees or contractors quickly and efficiently by partnering with ALLSTARSIT, who can act as your EOR/CM and handle the administrative and legal aspects of their employment while you control their workload.
Improve your employees' well-being and job satisfaction by offering them a range of corporate benefits through ALLSTARSIT, including wellness consultant sessions, music lessons, workations, gym compensation, and employee recognition programs.
Keep track of your team's progress and satisfaction with ALLSTARSIT's monthly reports and periodic surveys, allowing you to identify any issues and make necessary adjustments to retain top talent.
Enhance your employees' working experience by offering them the possibility of working from an office or securing a seat in a premium co-working space shared area through ALLSTARSIT.
Simplify your HR operations and ensure your employees receive timely and accurate paychecks with ALLSTARSIT's comprehensive payroll solution.
Increase your employees' satisfaction and productivity by providing them with the peace of mind that comes with having access to a reliable and comprehensive health insurance package made possible by ALLSTARSIT.
Invest in your employees' professional development by implementing a comprehensive L&D program that includes access to online education platforms, language classes, and technical meetups, courtesy of ALLSTARSIT.
Build a Customer Care or a Customer Support team to ensure that your business excels in providing exceptional assistance to your customers.
Whether you need a team of professionals that can handle relationship building and product knowledge or a group of Tier 1/2/3 engineers that can help with troubleshooting and other technical issues, ALLSTARSIT can help you find, hire and manage them.