Abstract
The aim of the article is to present quantitative development of wages and incentive instruments in the Czech Republic during the recent period and at the same time to provide an insight into the emerging changes in the labor market brought by the industry and the construction industry digitization. Strong demand for increased corporate social responsibility of the companies in the technical, economic and environmental protection and care sectors, and in particular in mutual communication between market partners, has had and will have an impact on wage policy and creation of employer wage systems. This article briefly gives the insight into what visions and strategies this situation brings into the construction industry field.
Highlights
Incentive instruments have been developing in the same way as the technical and technological developments in the construction industry have
The aim of the article is to present quantitative development of wages and incentive tools in the Czech Republic during the recent period and at the same time to provide an insight into the emerging changes in the labor market brought by the industry and the construction industry digitization
Details are regulated by Act No 262/2006 Coll., Labor Code, as amended. In addition to this constitutional principle, the principles arising from international conventions and European Union directives must apply in the area of wages
Summary
Incentive instruments have been developing in the same way as the technical and technological developments in the construction industry have. They adapt and modify according to the changes that are brought by the shift in people’s behavior and attitudes to construction work. The centenarians behave in a different way than any previous generation, including the millennials. Details are regulated by Act No 262/2006 Coll., Labor Code, as amended In addition to this constitutional principle, the principles arising from international conventions and European Union directives must apply in the area of wages. Alena Tichá et al.: Wages and Incentive Instruments for Enhancing the Performance of Construction Industry Employees
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