Czech Republic - Electricity conglomerate agrees on wage increase - January 01, 2017

Energy ČEZ has agreed on a supplement of the collective agreement that results in a growth in wages paid in the company by 5% in 2017. Contractual wages will grow by 2.2%. According to a spokesperson, the company will allocate the volume particularly to departments and positions with the highest need of recruitments and retaining employees. She said that the agreement applied to parent company ČEZ employing about 5,500 people. ČEZ’s subsidiaries were negotiating on wages separately.

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