What is Switzerland's minimum wage?

The minimum wage is set at CHF 20 per hour. With a referendum held in 2020, voters in Geneva set the world's highest minimum wage at CHF 23 per hour. Meanwhile, Basel became the first German-speaking canton (The latest canton in Switzerland) to set a minimum wage at CHF 21 per hour.

Is there a minimum wage in Switzerland?

The minimum wage in Neuchâtel is CHF 20.08 for 2022, and CHF 20.28 in Jura. Other variations to the Swiss minimum wage are the result of various labor law agreements at national, regional, cantonal, industry sector, and company levels.

What is the average wage in Switzerland?

The average hourly wage in Switzerland is 60 CHF.

In 2019, OECD reported that the average annual salary in Switzerland was 60,847 CHF. Specialists earn an average of CHF 117,000 across all industries and company sizes, and an average specialist can expect CHF 87,000 in annual compensation.

What is the lowest paid job in Switzerland?

The lowest-paid job sector was the personal services sector - like beauticians and hairdressers - with monthly wages of 4.211 Swiss francs before tax.

Is Switzerland expensive to live in?

The cost of living in Switzerland is among the highest in the world, with the cities of Zurich and Geneva consistently found to be the most expensive on the planet.

SWITZERLAND: WHAT IS THE AVERAGE SALARY AND MINIMUM WAGE

Why are Swiss wages so high?

Swiss salaries are amongst the highest in the world which reflects the high cost of living and an attractive tax-rate. Switzerland has one of the most advantageous taxation systems in the world and although tax in Switzerland is not a one-size fits all situation.

How much is rent in Switzerland?

In German-speaking Switzerland, rents range from CHF 1,100 to CHF 1,900, with an average of CHF 1,350. As a result, and on average, to ensure a good work-life balance, the recommended minimum gross annual salary would be CHF 48,600.

How many hours is full-time in Switzerland?

These include caps on hourly work weeks, requirements for overtime pay, and mandatory yearly paid holiday time. In fact, the average full-time employee in Switzerland works 41 hours per week.

What is 13th salary in Switzerland?

What is the Swiss thirteenth month salary all about? The thirteenth month salary arises from the time when Swiss folk were less well off. The annual salary is divided into thirteen instalments and the thirteenth instalment is typically paid with the December salary in time for christmas and the annual tax bill.

Is healthcare free in Switzerland?

There are no free state-provided health services, but private health insurance is compulsory for all persons residing in Switzerland (within three months of taking up residence or being born in the country).

Is education free in Switzerland?

Because public education is free in Switzerland, there is usually no financial aid or scholarships available for schooling. That said, depending on their income, parents may be able to receive discounts on daycare or after-school care.

Are taxes higher in UK or Switzerland?

"Take Switzerland, income tax rates are generally lower but it taxes wealth in a way the UK does not. The UK has capital gains tax - Switzerland generally does not for private persons.

Is Switzerland cheap to live?

It's no secret that Switzerland is the most expensive country in the world to call home. Furthermore, according to the 2020 Worldwide Cost of Living report, three of its main cities – Geneva, Zurich, and Bern – ranked within the top 10 most expensive cities in 2020.

How much does a Big Mac cost in Switzerland?

In Switzerland, a Big Mac costs 6.50 Swiss franc.

Does Switzerland have poverty?

In 2020 (income 2019), 8.5% of the Swiss population i.e. approx. 722 000 people were affected by income poverty. The groups most affected were persons living alone or in single-parent households with minor children, persons with no post-compulsory education and those living in households where no-one works.

What is the black population of Switzerland?

According to official Swiss population statistics, 73,553 foreigners with African nationality lived in Switzerland as of 2009 (0.9% of total population, or 4.3% of resident foreigners — this data excludes immigrants with African ancestry coming from other parts of the world: Dominican Republic, Brazil, United States, ...

How much does a factory worker earn in Switzerland?

The average pay for a Factory Worker is CHF 48,871 a year and CHF 23 an hour in Switzerland. The average salary range for a Factory Worker is between CHF 37,631 and CHF 57,710. On average, a Less Than HS Degree is the highest level of education for a Factory Worker.

How much are groceries in Switzerland?

Monthly supermarket bills vary widely depending on the household size and preferred brands, though food in Switzerland can be expected to be around 20–30% higher than other European cities, with prices being highest in Zurich and Basel. Residents should budget around CHF 400–650 per month per person.

Is tipping expected in Switzerland?

You never have to worry about tipping in Switzerland, as tips are included in the price. You can, however, add a smile to the face of someone who has provided good service by rounding up to the nearest franc or round figure.

How much does it cost to move to Switzerland?

Cost of moving from the U.S. to Switzerland

The average cost of a move from the U.S. to Switzerland is $3,450. International moves tend to be more expensive as items need to travel a long distance, safely and quickly. However, this cost will significantly vary depending on your specific factors.

How safe is Switzerland?

While these facts definitely stand, Switzerland is also one of the safest countries to live and visit. It has, for years, ranked high in the lists of the most secure places in the world. In 2019, the Global Peace Index ranked Switzerland as the 11th safest place on earth.

How long is a school day in Switzerland?

Swiss school days are relatively short, with classes beginning between 8.30 and 9.30am. It is then expected for your child to return home at noon for a one-and-a-half-hour lunch break. Then there is an afternoon session that concludes around 3.30 to 4.30pm.