THE AMOUNT OF WAGES AS AN IMPORTANT DETERMINANT OF JOB SATISFACTION - CASE STUDY IN THE CZECH REPUBLIC

There are very few studies that address determinants that affect job satisfaction in the Czech Republic. The published studies show that the Czech Republic has been among the countries with the lowest satisfaction level. The aim of this study is to analyse the impact of wages on the level of job satisfaction in the Czech Republic, the partial aim of this study is to answer the research question of whether the development of wages follows the development of the overall job satisfaction, i.e. satisfaction with wage. Wage is an important determinant that affects job satisfaction. The results of the study show that the overall level of job satisfaction is decreased with the determinant of wage, but on the other hand it is not possible to demonstrate that wage development follows the development of satisfaction with wage, i.e. the overall satisfaction with job, it is also fundamentally affected by other determinants.