- Preparing students for life
- Essential skills of the future
- Employee training trends for 2023
- Powered by in-house education
- The unique recipe of each company
- Leading with empathy
- My lessons from 2022
- Slovak economy: goals for the next decade
- HR in the post-pandemic era
- Data-based HR key in uncertain times
- Work and life connections
- New legislation for businesses
- Slovak Immigration Law: Current status and challenges for 2023
- Affirmative action in the Slovak labor market
- Labor code: Employee protection
- ESG changes to the labor code
- HR in 2023: Challenges, expectations, collaboration & communication
Human Capital: Education and Labor
One’s education and career are not isolated from other life roles.
Social situation, health status, relationships, culture, and many other
factors need to be considered. Therefore, one of the tasks of higher
education is a comprehensive support of its students.
Continuous education is an important part of lifelong learning, and the world today is emerging to a reality where the role of education has never been more crucial. The media has focused on formal education such as primary schools, secondary schools, and universities, however a vast area of further education remains unnoticed.
High work dynamics and rapid change in almost all areas place increased demands on the flexibility, resilience, creativity and innovation of employees at all levels, regardless of job role. Training - but in a different form than so far - can greatly help companies to adapt to market demands.
“Generally you have two options. You can either hire someone who is already skilled and ready or you can hire someone who is showing good promise and you equip him with all skills he needs to be a good business partner. I bet no one is getting very far with the first option,“ says Michal Gustafik, Finance Transformation Senior Manager of Clarios Slovakia.
We have discussed how to maintain employee satisfaction and what a healthy corporate culture means for a company with Andrea Gubová, HR Director of the Slovak telecommunications company SWAN, which ranks among the TOP employers in the IT and telecommunications sectors in Slovakia based on the annual Most Attractive Employer survey conducted by job portal Profesia.sk.
The news headlines read: The leader of the famous boy band has decided to start a solo career. The leader of the local ice hockey team has led his team to the semifinal of the tournament. Political party leader succeeded in negotiating the new coalition agreement. Leader of the city enforced setting up a migration camp despite the rebellion of the local citizens.
The beginning of the New Year offers a good opportunity to reflect on the lessons of the past one. The following are my personal major takeaways from 2022.
As we enter 2023, the world is still characterized by uncertainty and risk. Questions regarding the development of short-term and long-term crises and issues continue to hang in the air. However, it is good to have your priorities straight – as individuals and as a society. Although it is always hard to predict what the future brings, we asked our members about the goals for the Slovak economy in the next decade.
Businesses continue to look for the best possible working model following the pandemic shake-up. Finding the right balance between employer and employee needs is a challenge for companies of all sizes. We approached two experts who describe the specifics of the post-pandemic era as well as the implementation of the hybrid work model.
The last three years have been everything but stable. Companies have faced crises before. What is different this time is the frequency of those crises and the fact that one unpredictable event is followed by another. The importance of using data has become more fundamental than ever before.
Success comes at a price. Business leaders face difficult decisions
regarding demands on their time on daily basis. The responsibility
towards their families and their employees makes them carefully consider
each minute of their day. We want to know how they like to spend their
time out of work, what inspires them and motivates them.
The following text presents a brief overview of legislative changes in the tax and payroll area which are most likely to influence your business. Experts from Crowe choose the most relevant legislation which has recently come to force or is likely to be adopted in the near future.
The past two and half years have been quite a challenge to the Immigration Law. Changes in legislation were needed to respond to the COVID-19 pandemic and its impact on the functioning of state authorities, including foreign police offices and Slovak embassies across the world. When it finally seemed that the pandemic was coming to an end, the war in Ukraine broke out posing even more new challenges to the legislation.
Despite legislative efforts and an increasing number of activities of companies in the area of equality, diversity and inclusion, the labor market remains inaccessible, only hardly accessible or full of unfair conditions for certain vulnerable groups of people. Roma, women, migrants, or people with disabilities are often not judged solely based on their abilities but stereotyped for belonging to a particular group.
The last amendment to the Labor Code, effective in the Slovak Republic from 1 November 2022, also introduced changes to the rules and tools for employee protection. The amendment is quite extensive and introduces several changes in employment legal relations - due to the scope of the contribution, we present only some of them.
The Slovak market is undergoing an ESG (Environmental, Social, and Corporate Governance) transformation. The last amendment to the Labor Code, which became effective on 1 November 2022, reflects the current trends in society towards ESG.
Employers are experiencing unprecedented times and have been challenged
on all fronts from a human capital perspective. The rapidly changing
post-covid conditions with the sudden shift to remote work and the
acceleration of digitalization caused the opening of the global labor
market represented by the outflow of skilful people. In addition,
business conditions have worsened by economic instability and
geopolitical upheavals and related inputs price increase went hand in
hand with the energy crisis. All of it has been emphasized by the high
rate of inflation and relatively low unemployment rate. The drop in real
wages is the most significant in the past 22 years. And all this at a
time when companies are struggling with a lack of people.