Even though the business services sector in the Czech Republic is growing vigorously, it will still have to deal with several issues in the future, which could endanger its development or even stop it. This is the result of the annual survey of the business services market realised by the ABSL Association. 1. Heavy competition … Read more…
The latest Annual ABSL Report: Business Services Sector in the Czech Republic 2017 was launched at a press conference on 31 January 2017. The report includes a detailed survey of the Czech business services market and analyses current trends in the industry. Download English or Czech version here.
Czech business services centres have the third biggest share on the Czech market from the aspect of the employee numbers, with American centres first and German companies coming second. Many new Czech business services centres are being established and as we can see they are growing more quickly. A clear trend apparent: Czech companies have discovered the popularity of providing services to other countries.
The ABSL Association has signed a partnership agreement with strategic partners for the 2017-2018 period. The goal of partnership with JLL, Randstad and Deloitte is to develop the business services sector in the Czech Republic and to support all ABSL members. JLL will provide consultancy in the field of analyses of the office market, searching for office space and design of working environments, Randstad will provide services in the field of human resources and recruitment and Deloitte in the field of business and technology consulting and processes.
According to data from the ABSL, an association representing companies in the business services sector, more women than men are employed at Czech centres. On average women occupy 59% of all posts in business centres, and up to 80% of all posts in some areas. The number of women in top positions in these companies is also rising, by approximately 15% year-on-year. Business services centres appeal to women managers by offering attractive benefits enabling them to combine a family with a career, which means that this segment is far ahead of other Czech companies in this regard.
The ABSL Association and Bloomberg organised a conference in London on the topic of Europe after Brexit. Leading representatives of the British business sector agreed that the Central and East European region (CEE) would profit substantially from Brexit. Investors will try to move their operations to the EU and, compared to West Europe, the CEE can offer very competitive conditions.