Even when labelled properly food labels provide precious little information on what a product might contain. For example, a piece of farmed salmon will typically be labelled only with its country of origin, containing no information on what the fish has been fed. Contaminated fish feed can significantly push up the level of dioxins found […]
Swiss offers fondue on flights from Geneva
On 1 December 2018, Switzerland’s flag carrier started offering cheese fondue on flights out of Geneva. The dish is a new addition to the airline’s Swiss Saveurs menu, which was launched six months earlier. The pre-heated, specially packaged fondue, which is 50% Vacherin Fribourg and 50% Gruyère cheese, is available on Swiss flights from Geneva […]
Inflation outstrips Swiss salary increases
The latest figures show that Swiss salaries have not kept up with inflation. An average Swiss salary rose 0.4% in 2017, compared to inflation of 0.5%. This left the average salary earner 0.1% worse off in real terms over the year. The figures were the same for both the secondary and tertiary sectors. The rise […]
Climate change contributes to surprise fall in Swiss GDP
Third quarter Swiss GDP figures released yesterday show Switzerland’s economy shrank compared to the quarter before. GDP for the quarter to September was down by 0.2% compared to the quarter before, ending an 18-month run of quarterly growth. The fall in Swiss GDP follows a quarterly slowdown across the rest of Europe, in Germany in […]
Swiss gender pay gap 10th highest in Europe
In a recently published study Switzerland has the 10th highest gender pay gap in Europe. Switzerland’s gap of 17% is bigger than Italy’s (5.3%), Luxembourg’s (5.5%), Belgium’s (6.1%), Sweden’s (13.3%), Spain’s (14.2%), Denmark’s (15%), France’s (15.2%) or the Netherlands’ (15.6%), but lower than Finland’s (17.4%), Portugal’s (17.5%), Austria’s (20.1%), the UK’s (21%) or Germany’s (21.5%). […]
Nestlé to move Nespresso global headquarters from Lausanne
Nestlé recently announced that the global headquarters of Nespresso will move from Lausanne to Vevey. The announcement confirms rumours that have been circulating for some time. While the move will affect around 350 staff no redundancies are planned. From 2021, Nespresso’s global management team will be housed in a building it owns containing the Nest […]
Swiss unemployment benefits cut for a one-day filing delay
Switzerland’s unemployment benefits might be generous but they are strictly policed, as one recipient recently discovered. For a period of up to approximately two years after losing a job, most workers in Switzerland receive 70% of their former salary up to a maximum of CHF 88,200 a year – the amount paid varies depending on […]
Minimum return on Swiss pensions unchanged
A government commission looking at the rate, called for a reduction to 0.75%, while unions demanded a rise to 1.25%. In the end the Federal Council decided to take the middle road and leave the rate at 1% for 2019. The rate is the minimum pension funds must apply to employment related 2nd pillar pension […]
Switzerland’s rising rate of farm suicide
The high and rising suicide rate among Switzerland’s male farmers stands in contrast to the declining rate among rural men working in other professions, according to a new study by the University of Bern published by the newspaper SonntagsZeitung. The suicide rate among male farmers was 38 per 100,000, a rate that has been rising […]
Geneva aims for a new company tax rate of 13.79%
According to bilan.ch, Geneva’s Council of State, or executive, has put forward a proposed corporate tax rate of 13.79% as part of its tax reform project, work triggered by international pressure on Switzerland and its cantons to remove preferential tax treatment for certain international companies. This rate is the same as the rate already accepted […]
