Slovakia

Slovak Association for Human Resources Management and Development (ZRRLZ)

Other information

President (Non-Executive):	Dr. Anna Hudaková E-mail: annaeapmathudakovaeapmdotsk
Executive Director:	Jitka Zatkuliaková
Vice President/International Manager:	Igor Dokupil E-mail: igoreapmdotdokupileapmatppcinsulatorseapmdotcom
Date Association Founded:	March 1995
National Employers' Association:	Association of Employers' Unions, Nobelova 18-831 02, Bratislava, Slovak Republic
National Unions' Association:	Confederation of Trade Unions-Vajnorska, 1-831 02, Bratislava, Slovak Republic
Government Employment Office:	National employment Office, Spitalska 6-812, 67 Bratislava, Slovak Republic
Total Number Of Members:	108
Membership Categories:	Regular & honorary
Number of Regional Branches:	4
Title of Primary Publication and Frequency of Issue:	Manager - four issues a year Subscription rate:13,4 EUR per year Paid advertising: No Language: Slovak and English
Details of Professional Education Schemes:	Human Resources Development, Social Security Wages, Legislation and Law
Other Activities:	General Assembly, December. International meetings with Czech Republic, Austria, Hungary, Germany, UK
Major Events:	ZRRLZ Annual conference Bratislava Tel: +421 2 55 64 24 71 Email: zrrlzeapmatzrrlzeapmdotsk

Country Profile 2007

Real GDP Growth : Year-on-year 6.5 %. 1st half of this year 4.5% compared to the same priod last year
Inflation rate : In July year-on-year inflation reached 5% i.e. the 3rd highest level among OECD contries after Turkey and Iceland.
Trends: GDP should be on this level. Inflation will be decreasing during next year

Party in power: SMER SD Social Democratic party in coalition with Movement for democratic Slovakia and Slovak national party
Changes over the last 12 months: The main changes happened in June despite of premature election. The right wing leading aparat was replaced by left wing. Often spoken slogans are : solidarity to all, equal possibilities, state will keep the needed ones in secure etc. State wants to by the monopol shares back and regulate strategic sectro prices – gas, oil, energy.Low reputation on international stage. ´
Major issues on the agenda: Solidarity with middle and lower class, high taxation on rich ones, abolition mandatory fees in medical services, income increase in education, different money transfer from structural fonds, increase of minimal wage, double tax rate, state control over monopol
Highway construction boom
Flat development 26.000 new fats will be needed (invst. 13.3 bil Euro)

Employment rate: 2294,6 thousands are employed (86,5% of economic active people)
Unemployment rate: 9.8% registered unemployed
Job growth: 104.5%
Skills shortages: Foreign Languges, IT skills, technicians; lack of experienced workers in new industrial sites, lack of appropriate school fields preparing high school graduate for work in region where parks have been built what makes then useless on labour market – automotive industry specially
cabinet considers mining to be strategic industry
Rate of pay increases: Company up to 19 employees by 10.4% / 46O Euro
Over 20 by 7.9% / 544 EURO
Budgetary organizations 10.1% / 459 EURO
Allowance organizations by 8.4% / 405 EURO

New employment legislation:
- Increase of minimal wage 200 EURO
- Changes in labour code protecting the employees rights strongly
- State support in hiring handicapped ones
- Contribution for commuting employees
New government initiatives: Change of Labour Code. Change of pension system. Millionaire tax
Trends to notice: talent management, ROI in HR
News: Impact of mulitinational organisations