Previous post Next post

Swiss employees the best paid in Europe, according to study

© Kevkhiev Yury |

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.


Full story here Are you the author?
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.
Previous post See more for 3.) Personal Finance Next post
Tags: ,,

Permanent link to this article:

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.