Benefits package in Prague

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Employees accept job offers not only upon the salary, but on the benefits that accompany many positions. Employee benefits are a "job perk" that may convince a potential employee to join a specific company.

Long-term benefits often consist of contributions to supplementary pension insurance and life insurance.
Some typical short-term benefits might be: luncheon vouchers, sports memberships, event tickets, etc.

    For example, O2 offers Czech employees:
  • Mobile phones
  • Internet ADSL and O2 TV for work and private use
  • Five weeks of vacation and three days of sick leave
  • Meal tickets

Expat

To convince an employee to go abroad, there may be additional benefits. The most common is an increase in salary.

    Other benefits may include:
  • Relocation benefits - Covers the cost of the actual move plus the help of a relocation agent to ease the transition
  • Accommodation benefits - Subsidized housing and a rental agent to help find accommodations
  • Language training - Courses at home and abroad to help the employee integrate
  • Expatriate family benefits - Aid tuition payments for children, obtain visas and compensate for potential loss of income of spouse

Update 27/01/2011


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Find more definitions and general answers on expatriation issues in the Expat FAQ (Frequently Asked Questions).

Go to the Forum to talk more about benefits package in Prague, at work.

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