Category Archive: 3.) Investec

Filter archive by: Show All Show only Articles Show only Videos

Median Swiss salaries by occupation, region, gender and immigration status

2017-08-06

by

2017-08-06

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.

Read More »

Swiss trust in news media in decline, says report

2017-08-02

by

2017-08-02

A recent report by the Reuters Institute shows a fall in trust in news media in Switzerland. They survey shows that only 46% trust news overall. This is down 4% compared to the year before. The report suggests this is an effect of the debate around ‘fake news’ resulting from the presidential election in the US, a subject that dominated Swiss media at the time.

Read More »

Swiss franc slides 4 percent in one week

2017-08-01

by

2017-08-01

On 24 July 2017, the Swiss franc was 1.101 to the euro. One week later on 31 July 2017 it was 1.145, according to Bloomberg. Over the month it dropped from 1.095 to 1.145, a drop Reuters described as the biggest monthly drop in six years. The Swiss National Bank (SNB) has been working hard to bring down the value of the Swiss franc. Speaking to the newspaper Le Temps last week, SNB president Thomas Jordan described the currency as “significantly...

Read More »

Swiss government to take aim at high Swiss prices

2017-07-21

by

2017-07-21

Switzerland’s Federal Council wants to introduce new measures to lower prices in Switzerland to curb cross-border shopping, something that it says hurts Swiss businesses. Minister for Economic Affairs, Johann Schneider-Ammann, said in an interview with the newspaper Schweiz am Wochenende that he’s working on a package of measures to tackle high retail prices in Switzerland.

Read More »

Swiss franc more overvalued than 6 months ago according to Economist burger index

2017-07-17

by

2017-07-17

The Economist magazine’s 6-monthly Big Mac index shows the Swiss franc to be even more overvalued than it was in January 2017. The index, which compares the US$ price of a Big Mac around the world places Switzerland at the top with a price of US$ 6.74. This is 27.2% more expensive than the United States where the same burger costs US$ 5.30.

Read More »

Over two thirds of Swiss would like to change jobs

2017-07-08

by

2017-07-08

Sign
A survey shows that 71% of those working in German-speaking Switzerland would change jobs if they could. Dream jobs vary significantly by gender. The survey, conducted by Marketagent.com on behalf of XING Switzerland, questioned around 1,000 employees in German-speaking Switzerland between the ages of 18 and 65.

Read More »

Switzerland most expensive in Europe, but not for everything says new study

2017-06-23

by

2017-06-23

Few who have visited or lived in Switzerland will be particularly surprised to hear that Switzerland is the most expensive place in Europe. However the price differences are quite eye opening. The recently published Eurostat price level study ranks Switzerland as the most expensive overall, well ahead of second and third placed Iceland and Norway.

Read More »

For the first time many Swiss commercial apprenticeship positions to be left vacant

2017-06-22

by

2017-06-22

Normally commercial apprenticeship positions in Switzerland are snapped up nearly one year in advance. However this year many will be left vacant according to Zurich newspaper NZZ am Sonntag.

Read More »

Poverty in Switzerland has more to do with age than any other factor

2017-05-24

by

2017-05-24

A recent report classifies 570,000 people in Switzerland as poor. This number represents 7% of the population, and relates to 2015. In 2014, the same percentage was 6.6%. The report, which looks only at income, defines as poor a single person with income less than CHF 2,239 per month or a family of four with income below CHF 3,984 per month.

Read More »

Swiss authorities concerned about health impact of certain chemicals

2017-05-23

by

2017-05-23

A pilot bio-monitoring project in Switzerland will measure traces of pollutants and micronutrient and endocrine disruptors in organic samples. According to 20 Minutes, the impact of certain chemical products worries the authorities. The pilot project was launched last week by the executive branch of Switzerland’s government, known as the Federal Council.

Read More »

Strong Swiss franc could be over reckons currency strategist at UBS

2017-05-21

by

2017-05-21

Tribune de Genève. After more than two years of a highly overvalued franc, relative to the euro, the currency should ease in the near term reckons Thomas Flury, senior currency strategist at UBS. He expects a euro to be worth 1.14 francs in 6 months and 1.16 within a year.

Read More »

6 Swiss regions in Europe’s 10 most prosperous

2017-05-20

by

2017-05-20

Six Swiss regions make the top ten most prosperous regions of Europe measured in terms of GDP per person, according to an analysis by the University of Lausanne. The six Swiss regions are Zurich (3rd), Ticino (4th), Basel (5th), the region around Zug (6th), Bern-Solothurn (7th) and Suisse romande, Switzerland French-speaking region (8th).

Read More »

New 20 Swiss franc note officially launched

2017-05-14

by

2017-05-14

Old-Swiss-franc
The Swiss National Bank is the process of issuing new bank notes. A new 50 franc note hit the streets last year. Now it is the new 20 franc note’s turn. Officially launched today, it will enter circulation on 17 May 2017.

Read More »

Easyjet expands in Geneva adding a new aircraft

2017-05-13

by

2017-05-13

Easyjet Tommy-Beattie
On Friday, Easyjet added a 14th aircraft to its Geneva-based fleet. The new Airbus A320 will allow it to add new destinations. The new aircraft will create 36 new jobs on top of the current 500 at the airline’s Geneva base, Thomas Haagensen, Easyjet’s director of northern Europe, told Le Matin Dimanche.

Read More »

Unemployment benefit scam rocks Vaud

2017-05-10

by

2017-05-10

Last week, the regional newspaper 24 Heures, uncovered a fraudulent scheme allegedly involving two workers from the union Unia, which may have cost Vaud’s social security system as much as CHF 3 million. The alleged fraud is centred on the construction industry, where bosses of small businesses along with two staff from the union Unia managed to deceive the canton’s unemployment fund.

Read More »

Thousands of cross-border workers risk big bills for health insurance

2017-05-08

by

2017-05-08

Thousands of cross-border workers working in the canton of Geneva, who have not yet formally sorted out their health insurance situation, risk getting a big bill. This week the canton made a final call to those living in France and working in Geneva to make a formal choice between the French and Swiss health systems, something which must be done before the final deadline on 30 September 2017.

Read More »

New Swiss company tax reform plan well received in Brussels

2017-05-02

by

2017-05-02

The Swiss government’s company tax reform plans have been reborn after the last plan met with defeat in a popular vote on 12 February 2017. The new plan, dubbed “Tax proposal 17”, aims to avoid issues that bedeviled the last project.

Read More »

Euro gains against Swiss franc on French election result

2017-04-24

by

2017-04-24

The official French presidential election results place Emmanuel Macron (23.8%) and Marine Le Pen (21.5%) in first and second places in the first round of the French presidential race. The run off between these two will take place on 7 May 2017, when most forecasters expect Macron to win and become France’s next president.

Read More »

Big bonuses contrast big losses at Credit Suisse, despite bonus haircuts

2017-04-23

by

2017-04-23

© Denis Linine | Dreamstime.com
The management of Credit Suisse Credit Suisse reduced their bonuses by 40% after severe criticism from shareholders. The reduction amounts to around CHF 20 million. Some are still outraged. The group made a loss of CHF 2.7 billion in 2016 and one of CHF 2.9 billion in 2015.

Read More »

Swiss employers continue to discriminate against over 50s

2017-04-22

by

2017-04-22

Travail Suisse, an association representing Swiss employees, highlights once more the age discrimination faced by those over 50 in the Swiss job market. In March 2017, 26.8% of unemployed in the this age group had been without work for more than a year, compared to 2.3% of those between 15 and 24 and 14.1% of those aged 25 to 49.

Read More »