More than half of Czech employees are concerned about losing their jobs in the coming year, a new survey by personnel company Randstad CR has revealed.
At the same time, a significant proportion of workers are considering changing jobs on their own initiative, driven primarily by dissatisfaction with wages.
According to the survey, 54.4 percent of Czech workers fear job loss in 2024. Despite Czechia’s historically low unemployment rate — 3.8 percent in October — economic uncertainty stemming from the Covid-19 pandemic and high energy prices has heightened anxieties. Analysts predict unemployment could exceed 4 percent by early 2025 but remain relatively stable.
As cited by Echo24, Randstad CR director Martin Jánský attributed these fears to broader economic and technological factors. “The turbulent development of the economy in recent years has left a psychological impact,” he explained. “Additionally, sectors such as automotive are particularly vulnerable to developments abroad, notably in Germany.”
Concerns about technological advancements, including artificial intelligence, further contribute to the insecurity with Jánský noting that Rapid technological changes are “making some employees feel threatened.”
The survey also revealed a high level of mobility within the Czech labor force. Over half (56.1 percent) of employees are contemplating a job change in 2024, with 43.5 percent saying they definitely intend to switch roles. Low wages are the leading motivator for 39.9 percent of those seeking new roles, followed by the desire for better work-life balance (28.7 percent) and career growth prospects (11.2 percent).
Jánský emphasized that companies need to take proactive steps to retain talent in a competitive job market.
“If companies want to keep quality employees, they should focus on adequate financial remuneration, work-life balance, and career growth opportunities,” he said.
Programs to improve qualifications and enhance professional development could play a crucial role in addressing workers’ concerns.
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