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What is the basic salary in Switzerland?

Posted on October 4, 2020 by Author

Table of Contents

  • 1 What is the basic salary in Switzerland?
  • 2 Is Switzerland expensive to live in?
  • 3 How much is a can of Coke in Switzerland?
  • 4 What is the average household income in Switzerland?
  • 5 What is median salary?

What is the basic salary in Switzerland?

While Switzerland has no official minimum wage,a majority of the voluntary collective bargaining agreements contain clauses on minimum compensation,ranging from 2,200 to 4,200 francs per month for unskilled workers and from 2,800 to 5,300 francs per month for skilled employees.

What is the average salary in Switzerland 2020?

Wages in Switzerland averaged 5810.57 CHF/Month from 1998 until 2020, reaching an all time high of 6354 CHF/Month in 2020 and a record low of 5082 CHF/Month in 1998.

Is Switzerland expensive to live in?

Switzerland is well known for being one of the most expensive countries to reside in Europe—and even the world. There are costs at every turn, from the obvious (e.g. high rent prices in major cities), to the unexpected (e.g. license fees for televisions and radios, which total hundreds of Swiss Francs each year).

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Is Switzerland expensive to live?

How much is a can of Coke in Switzerland?

Cost of living in Switzerland is, on average, 73.17\% higher than in United States….Cost of Living in Switzerland.

Restaurants Edit
Coke/Pepsi (12 oz small bottle) 4.09Fr.
Water (12 oz small bottle) 3.74Fr.
Markets Edit
Milk (regular), (1 gallon) 6.04Fr.

What are the lowest paying jobs in Switzerland?

The main low-paid sectors were personal services – which includes hairdressing and cleaning firms – the retail sector, the food and restaurant industry, and hotels and accommodation. Canton Ticino had the highest percentage of low salary earners (24.7\% of the total) – almost double the national average.

What is the average household income in Switzerland?

In Switzerland, the average household net-adjusted disposable income per capita is USD 37 466 a year, higher than the OECD average of USD 33 604 a year. There is a considerable gap between the richest and poorest – the top 20\% of the population earn nearly five times as much as the bottom 20\%.

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What is the average wage in Switzerland?

Average salary in Switzerland Despite not having a national minimum wage, workers in Switzerland are among the highest-paid in the world. In 2019, OECD reported that the average annual salary in Switzerland was CHF 60,847.

What is median salary?

Median salary is a figure that takes many salaries into account and reports the middle number in that set of salaries. When you see a median salary, you know that half of the salaries reported are less than that number and half are higher.

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