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Business Team Connection Meeting Switzerland Flag Concept

Business Team Connection Meeting Switzerland Flag Concept

The pros and cons of working in Switzerland

byCT Report
09/05/2018
in Uncategorized
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Switzerland: There is no federal minimum wage in Switzerland – the Swiss rejected the idea in 2014 – though several cantons have mulled it over, with Neuchâtel likely to be the first canton to introduce it (at 20 francs an hour).

Nevertheless salaries are generally high. According to figures from the Organization for Economic Cooperation and Development (OECD), in 2016 Switzerland’s average wage was $60,124, the third highest of OECD countries after Luxembourg and the US.

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High salaries are necessary, however, given Switzerland is one of the most expensive places in Europe in which to live.

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