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MACROECONOMIC TIME SERIES AFFECTING THE MINIMUM AND AVERAGE WAGES OF V4 COUNTRIES

Lucie Meixnerová, Michal Krajňák

The minimum wage institute was established at the turn of the 19th and 20th century in the Anglo-Saxon countries. Its purpose was to ensure the protection of the workforce. The minimum wage ensures that the labour market wage cannot fall below the determined level, which takes the form in accordance with the economic and political conditions of the country concerned (Dube et al., 2010). The determined level of the minimum wage results either from the tripartite act, which is made up of representatives of government, employers and trade unions or is enacted in relation to a percentage of the average wage level. Lopresti and Mumford (2016) mention that setting a minimum wage is a very complex problem, as its value is related to the price of labour that affects employers’ competitiveness. The minimum wage affects not only the part of the employer but also the employee, as employees want to receive fair remuneration for their work that will ensure them the required standard of living.
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ECONOMIC CONTEXT OF EUROPEAN SUBSIDIES AND THEIR IMPACT ON REGIONAL ECONOMIC DISPARITIES ON THE EXAMPLE OF THE CZECH REPUBLIC

Kristýna Brzáková, Jiří Kraft

European Union allocated 513 billion CZK through the European Structural and Investment funds (ESI) to the Czech Republic during the previous programming period of the European Union (EU) (i.e. 2007-2013) based on data of Ministry of Regional Development CZ (MRD CZ) (MRD CZ, 2015a). The amount of money was allocated to the renewal of decaying residential, tourist and civic brownfields, to educate people, to support businesses, educational institutions, agriculture and generally support the lagging regions that are below the average of gross domestic product (GDP) in the EU25.
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A COMPARISON OF EDUCATIONAL MISMATCHES ACROSS EUROPE

Kateřina Maršíková, Václav Urbánek

Mismatches in the labour market are a current topic of discussion for researchers, scientists, politicians and even the general public. The literature focuses both on educational and job mismatches. The aim of this paper is to compare the situation concerning educational mismatches as evidenced by European data.
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SELECTED ISSUES OF THE MINIMUM WAGE IN THE CZECH REPUBLIC

Tomáš Pavelka, Marek Skála, Jan Čadil

The minimum wage can be defined as the lowest possible level of remuneration that an employer can pay to an employee for his work. In the world there are basically two mechanisms of the minimum wage settings.
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How to Assess Experience – The New Trend in Research Technique, Use in Nonprofit Sector of Entertainment and Educational Industries

Alena Šuldová, Petr Cimler

Customer relationship management (CRM) is an internal strategy and endeavor of a company that addresses the company’s relationship with its environment, customers and suppliers. Its purpose is to improve the company’s reactions to the requirements of external subjects, to ensure effective use of the gained information and to prevent the loss of this information.
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