Bonuses in Czech companies are rare. Slight increase in 2011

Fewer Czech workers than in the previous year received bonuses in 2011. According to a survey by Platy.cz, a Czech website offering salary analyses for employers and employees on the Czech labour market, only 30% of workers got a bonus to their salary. The amount of some bonuses rose slightly in comparison to 2010. The average amount of a bonus reached 24,261 Czech crowns (CZK). Some top management positions were, however, rewarded by bonuses up to 200 thousand CZK.

The amount of rewards is directly proportional to the level of the position held. For example, whereas the average bonus of auxiliary staff positions was 5,613 Czech crowns, the average bonuses for lower and middle management were almost ten times higher. Top managers received the highest bonuses – 150,072 CZK on average.

"Top managers have high rewards because their bonuses are often tied to a specific target, performance or profit. They have more responsibility and their positions can affect the functioning of the company," says Lubomir Valenta from the company Profesia CZ, the operator of Platy.cz. "The yearly salaries of top managers often exceeds the amount of basic salary," says Valenta.

The amount of bonuses and the proportion of people rewarded increases with the company size. In small firms, rewards are not common. Among the companies under 10 employees, only one quarter of employees received rewards in 2011. In large companies with more than 1,000 employees, however, bonuses were paid to more than 40 percent of employees.

-kk-

Article source Profesia.cz - a Czech job portal
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