Archive: Daniela Beráková

What are the differences in the financial behaviour of millennials born in the 80s and 90s?

Compensation and benefitsSalaries in segment
Millennials, or more accurately Generation Y, are a phenomenon that has had a major impact on the labour market for nearly 20 years. Today’s young adults have brought many new aspects to the work process and often represent a huge question mark for employers and HR professionals. Paylab took a closer look at the financial behaviour of today’s most attractive target group for HR managers, as well as retailers, marketers and developers.
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CEE attracted 18 car brands, which have active assembly plants for personal motor vehicles

Compensation and benefitsSalaries in segment
Did you know that in the region of Central and Eastern Europe are being produced personal car models of 18 famous car brands? If you are driving cars like Audi, Citroen, Dacia, Hyundai, Fiat, Ford, Opel, Lancia, Kia, Medcedes - Benz, Peugeot, Porsche, Renault, Seat, Suzuki, Skoda, Toyota or Volkswagen, following popular car models are being produced there. More brands like Land Rover and brands connected with automotive suppliers  started to build new plants there. The CEE region automotive sector is a key player both as employment provider and GDP generator, as most manufactured products are exported.
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IT and digital specialsit potential of Central and Eastern Europe CEE

How can you attract IT talents and IT specialists to work for you?

Compensation and benefitsSalaries in segmentSalary negotiation
Many companies are currently feeling the effects of a lack of talented IT specialists with suitable skills on the labour market and have begun to look for talented help abroad. The Paylab Portal focused on IT specialists from the Baltics, Balkans and Central Europe in an effort to determine their willingness to work abroad. A total of 4,343 IT specialists working in this region across 11 countries in Central and Eastern Europe (CEE) participated in a Paylab survey at the beginning of 2017. They primarily included software engineers, technical specialists and programmers. Higher earning potential was the most attractive reason to work abroad, given that they were likely to earn at least double in Western Europe than what they were earning in their home country.
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Salary negotiation – Why are women less assertive than men in promoting their own interests and demands?

Pay equitySalary negotiation
Women are, in general, less assertive than men in promoting their own professional interests and demands. A lack of initiative in promoting one’s own personal interests is one of the major factors why women earn less than men and why their careers progress much more slowly. Lower incomes put women at financial risk and disadvantage upon retirement, given their lower savings and pensions. Retired women, single women and single mothers are at the greatest risk of poverty. What stands behind this behaviour?
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What is the best way to approach negotiations concerning your salary and job conditions?

Compensation and benefitsSalary negotiation
Conditions have never been better on the job market for employees to push for and negotiate conditions with which they will be truly satisfied. Skilful and capable people on the market are few and far between, and HR professionals have responded by thinking of inventive ways to attract and retain the best talent for their companies. All companies internally assess employees based on the added value they deliver to the business, their leadership, support, relationships, and especially in terms of the ROI (return on investment) they deliver. If you’re one of your company’s key employees, it’s good to know both your internal value and your overall market value, which is primarily determined externally, outside the company, by comparing your salary to the market value on Paylab.com.
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What are the best paid job positions in banking sector in CEE?

Compensation and benefitsSalaries in segment
Banks are among the most important employers around the world and, given that they are institutions that manage and mediate money and financial transactions, are a part of a select group, together with the IT sector, technology, and suppliers of commodities, comprising the best-paying industries. Banks provide their employees with the most generous bonuses in relation to their base salaries of all the mentioned industries. Of course, banks also have a specific hierarchy of job positions, each of which has its own market value. Paylab examined bank salaries in more detail and compiled a ranking of the best-paying positions, based on 6507 answers from survey of CEE users in Slovakia, Czech republic, Hungary, Estonia, Lithuania and Latvia.
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10 fun and easy ways to make some extra money

Pay equityUncategorized
Every month when your bank account notification pops up on your mobile screen, it’s a good sign that your salary has arrived and is waiting to be spent on whatever you want. You know how it should go – lower wages, less spending, but when we make more money we naturally want to spend more. Our living standards are rising, we’re buying more expensive goods, and our expenses are increasing too. If we want to put some money aside, we can either plan our finances and eliminate impulse purchases or even find a side job to make more money.
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Which sectors offer the highest paychecks? TOP paid sectors in Europe!

Compensation and benefitsSalaries in segment
The international portal for wage comparisons – Paylab – has compiled a ranking of the highest paid sectors where it is worth working. The portal has salary information for more than 500 jobs from over 454,000 respondents, which are analysed based on business areas in which employers operates. In this analysis, Paylab took into account all types of jobs from unskilled to management positions.
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Salary analysis – How large a salary would cause an employee to stay at the same company?

Compensation and benefits
A salary is still the best source of motivation for work and is closely related to the value of a position on the labor market. HR professionals are well aware that some of these positions are filled quickly because there are more opportunities to choose from, but it is harder with other positions as it’s not easy to find qualified applicants with the necessary skills, specialization, and education in labor market or in a certain region.
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WOMEN – ASK FOR MORE! TIPS FOR WOMEN TO NEGOTIATE A BETTER SALARY

Pay equitySalary negotiation
Women earn less than men almost universally around the world. However, the pay gap between men and women can be overcome in many instances. Women can achieve higher salaries if they are more assertive and confident to bring up the subject when seeking a pay rise from their employer. Women largely rely on their honest and quality work paying dividends, without the need to actually negotiate their pay. While thanks for a job well done may be satisfying and strong motivation, such gratitude has no impact on their payslip. Paylab has prepared some tips for women to better negotiate their pay.
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