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Swiss employees the best paid in Europe, according to study

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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 60 countries including Switzerland and 15 other countries in Europe.

For Switzerland, the study calculated an average gross salary of CHF 164,000 for a middle manager, well ahead of second-placed Luxembourg. paying CHF 110,000 for a similar position. Specialists at the beginning of their careers averaged CHF 89,500 in Switzerland.

Even after taxes and living costs, Swiss workers came out on top, with higher spending power. A average middle management salary after adjusting for spending power and taxes was CHF 97,000, compared to CHF 91,000 in Luxembourg.

 

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About Le News
Le News
The newspaper Le News is a free, quality, local English language newspaper launched on 31 October 2013. Le News fills a gap in local Swiss media for the numerous English-speakers living and visiting Switzerland. In late January 2015 we decided to put our print medium on hold and focus on our digital media presence.
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