Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 87 | 113 | 108 |
| Project Manager | 81 | 109 | 100 |
| Scrum Master | 93 | 104 | 95 |
| Graphic Designer | 81 | 99 | 95 |
| DevOps | 95 | 111 | 104 |
| Lead Developer | 104 | 115 | 114 |
| Junior Developer | 54 | 74 | 60 |
| Intermediate Developer | 72 | 91 | 78 |
| Senior Developer | 104 | 106 | 104 |
| Junior QA (Manual) | 40 | 62 | 50 |
| Intermediate QA (Manual) | 63 | 83 | 64 |
| Senior QA (Manual) | 72 | 85 | 70 |
| Junior QA (Automated) | 49 | 71 | 57 |
| Intermediate QA (Automated) | 66 | 88 | 69 |
| Senior QA (Automated) | 83 | 104 | 89 |
General information
Currency
CZK
GDP growth%
3.5
Population
10.51 million (2021)
Time zone
GMT+1
Region
Central Europe
Scorecard
160 country assessments, drawn up on the basis of macroeconomic, financial and political data, are made freely available.
Regularly updated, they provide an estimate of the average credit risk on a country’s businesses. This is an invaluable tool, giving an indication of a country’s potential influence on businesses’ financial commitments.
Our analyses use a eight-level ranking. In ascending order of risk, these are
Source linkcoface.com/Economic-Studies-and-Country-RisksOverall readiness
Software outsourcing readiness
Technology capabilities
UI Design
iOS & Android
AR/VR
Key industries
Economic overview
Political Stability
1.00The likelihood of political instability and/or politically motivated violence, including terrorism, is rated on a scale of approximately -2.5 to 2.5, where the score of -2.5 represents the highest perceived risk, and the score of 2.5 represents the lowest perceived risk.
Democracy status
7.74A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
Very goodA comprehensive evaluation of the business environment, including access to and accuracy of corporate financial information and the strength of creditor protection through fair and effective resolution of unpaid debts through the local legal system.
Risk assessment
Very lowAn assessment of the average risk of non-payment for companies, determined by economic, financial, and political factors.
Figures are indicative and compiled from public indices. See our disclosure for methodology and sources.
Overview
The Czech Republic is a central European country known for its rich cultural heritage, stunning architecture, and beautiful landscapes. It is a parliamentary democratic republic consisting of 13 regions, with Prague as its capital city.
The Czech Republic has a highly developed and diversified economy, which is the fifth-largest in the European Union. It is a market-based economy, with a strong emphasis on exports, particularly in the automotive, machinery, and electronics sectors. The country has a well-educated workforce, with a high level of technical expertise and innovation. Despite its economic strength, the Czech Republic faces challenges, including a low birth rate, an aging population, and a shortage of skilled workers.
The IT sector is a major contributor to the economy of the Czech Republic. It includes a range of industries, such as software development, hardware manufacturing, internet and telecommunications, and e-commerce. The country is home to many innovative start-ups, as well as established technology companies, and has a reputation for excellence in research and development. The government has made significant investments in the development of the IT sector, including initiatives to promote the use of technology in education, healthcare, and business.
Considering Czech Republic for your next team?
Talk to us about building a dedicated engineering, data, or marketing team.