Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Swiss median monthly wage exceeds CHF6,500 ($6,506)

byCT Report
14/05/2018
in Uncategorized
Share on FacebookShare on Twitter

A government survey analysing wage structures in the Alpine nation found that the median salary for a full-time job in 2016 was CHF6,502 ($6,509) for the entire Swiss economy.

The bottom 10% of Swiss earners had a salary of less than CHF4,313 ($4,317), while the best paid 10% earned more than CHF11,406 ($11,418) a month.

You might also like

PICT enters logistics business as part of expansion strategy

27/07/2026

FPCCI criticizes SBP for keeping interest rate at 11.5%

27/07/2026

These numbers were published by the Federal Statistical Officeexternal link (FSO) on Monday.

Stable wage gap
The surveyexternal link also found that the pay gap between the highest and lowest earners decreased only very slightly in the years between 2008 and 2016, from a factor of 2.7 down to a factor of 2.6.

During the same period, wages increased by 6.3% for the top 10% of earners, by 6.9% for the middle-income earners, and by 9.9% for the lowest paid 10%.

+ Find out more about what people earn in Switzerlandexternal link

Overall, the share of low-wage jobs in the Swiss economy is declining, according to the FSO statement. A low-wage job is defined as a full-time job with a gross monthly wage of less than CHF4,335 ($4,339). In 2016, there were approximately 329,000 such jobs in the country, representing 10.2% of total jobs, compared to a proportion of 11.4% in 2008.

Related Stories

PICT enters logistics business as part of expansion strategy

byCT Report
27/07/2026

KARACHI: Pakistan International Container Terminal Limited (PICT) has entered the logistics services business as part of its future business plan...

FPCCI criticizes SBP for keeping interest rate at 11.5%

byCT Report
27/07/2026

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the State Bank of Pakistan’s (SBP)...

FTO declares higher tax deduction on teachers’ examination duty unlawful

byCT Report
27/07/2026

LAHORE The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) was incorrectly applying a higher...

KP introduces 5% sales tax on cryptocurrency trading services

byCT Report
27/07/2026

PESHAWAR: The Government of Khyber Pakhtunkhwa (KP) has introduced a 5% sales tax on cryptocurrency and digital asset trading services,...

Next Post

Trump seeks to save Chinese jobs at ZTE ahead of trade talks

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.