Covid-19 is forecast to hit personal incomes by a total of around CHF 15 billion both this year and in 2021, according to the Basel-based research institute BAK Economics, reported Le Matin. Spread across Switzerland’s 8.6 million residents this comes out at around CHF 1,740 per person and CHF 2,830 per worker. BAK Economics expects […]
Swiss salaries rise faster than inflation for the first time in 2 years
In 2019, Swiss salaries were on average of 0.9% higher than the year before. A nominal rise of +0.9% combined with low inflation of 0.4% delivered a real boost of 0.5% to someone earning an average salary in Switzerland. This is the first time in two years that the average Swiss salary has grown faster […]
Median Swiss salaries by occupation, region, gender and immigration status
If you have ever wondered how much employees in Switzerland get paid you can check with the online tool Salarium, created by the Swiss government. The information is compiled from a database of numbers from a salary survey done in 2014. After entering five required bits of information: region, business sector, occupation, professional position and working hours, the […]
Swiss employees the best paid in Europe, according to study
Le Matin. According to a recent study, employees in certain roles in Switzerland are paid around 50% more than those second-placed Luxembourg. The premium applies to recent hires, middle managers and qualified professionals, says the study conducted by Willis Tower Watson. The report, entitled Global 50 Remuneration Planning Report 2016/2017, looks at pay across 50 roles and […]
Swiss fact: 96% of Swiss workers earn more than 3,000 francs a month
A report published by the Swiss Federal Office of statistics, shows that only 4.3% of full-time1 workers earn CHF 3,000 or less per month2. The monthly figure is net of social security deductions, but includes one twelfth of the 13th bonus month typically paid in Switzerland. CHF 3,000 per month is CHF 36,000 a year, […]
