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Average Salary in Switzerland 2020

How much money does a person working in Switzerland make?


Average Yearly Salary
124,000 CHF
( 10,300 CHF monthly)

LOW
31,300
CHF
AVERAGE
124,000
CHF
HIGH
553,000
CHF

A person working in Switzerland typically earns around 124,000 CHF per year. Salaries range from 31,300 CHF (lowest average) to 553,000 CHF (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Switzerland

Median and salary distribution yearly Switzerland
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Switzerland range from 31,300 CHF per year (minimum salary) to 553,000 CHF per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 119,000 CHF per year, which means that half (50%) of the population are earning less than 119,000 CHF while the other half are earning more than 119,000 CHF. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 67,600 CHF while 75% of them are earning more than 67,600 CHF. Also from the diagram, 75% of the population are earning less than 323,000 CHF while 25% are earning more than 323,000 CHF.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Switzerland costs anywhere from 51,600 Swiss Franc(s) to 155,000 Swiss Franc(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender yearly Switzerland
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Switzerland earn 4% more than their female counterparts on avergae across all sectors.

Male
126,000 CHF
Female-4%
121,000 CHF
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Switzerland

How much are annual salary increments in Switzerland? How often do employees get salary raises?

Switzerland

Employees in Switzerland are likely to observe a salary increase of approximately 9% every 15 months.

Annual Salary Increment Rate Switzerland
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Switzerland is 7%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Switzerland for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in Switzerland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Switzerland
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47% of surveyed staff in Switzerland reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
53%
No Bonus
47%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant91,000 CHF
Accounting Assistant71,900 CHF
Accounting Manager184,000 CHF
Bookkeeper61,300 CHF
Chartered Accountant114,000 CHF
Corporate Treasurer180,000 CHF
Financial Analyst160,000 CHF
Financial Manager259,000 CHF
Internal Auditor122,000 CHF

Administration / Reception / Secretarial
Administrative Assistant65,900 CHF
Office Manager112,000 CHF
Receptionist63,900 CHF
Secretary54,700 CHF

Advertising / Grapic Design / Events
Art Director123,000 CHF
Creative Director132,000 CHF
Graphic Designer79,800 CHF
Photographer71,800 CHF

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer158,000 CHF
Air Traffic Controller137,000 CHF
Flight Attendant88,300 CHF
Pilot210,000 CHF

Architecture
Architect155,000 CHF
CAD Drafter62,000 CHF

Automotive
Mechanic49,900 CHF
Service Advisor84,800 CHF

Banking
Bank Branch Manager235,000 CHF
Teller48,500 CHF

Bilingual
Teacher95,600 CHF
Translator114,000 CHF

Business Planning
Business Analyst153,000 CHF
Business Development Manager210,000 CHF
Project Manager155,000 CHF

Care Giving and Child Care
Nanny51,100 CHF
Nursery Teacher46,600 CHF

Construction / Building / Installation
Civil Engineer121,000 CHF
Construction Project Manager220,000 CHF
Health and Safety Officer54,700 CHF

Customer Service and Call Center
Call Center Representative46,600 CHF
Customer Service Manager166,000 CHF
Customer Service Representative46,600 CHF

Engineering
Civil Engineer118,000 CHF
Electrical Engineer130,000 CHF
Engineer115,000 CHF
Mechanical Engineer122,000 CHF

Executive and Management
Chief Executive Officer300,000 CHF
Chief Financial Officer268,000 CHF
General Manager215,000 CHF
Project Manager145,000 CHF

Food / Hospitality / Tourism / Catering
Chef75,700 CHF
Executive Chef89,400 CHF
Hotel Manager230,000 CHF
Receptionist47,000 CHF
Travel Agent81,400 CHF
Waiter / Waitress41,100 CHF

Health and Medical
Dentist301,000 CHF
Dietitian257,000 CHF
Laboratory Technician97,000 CHF
Nurse99,800 CHF

Human Resources
Human Resources Manager184,000 CHF
Human Resources Officer76,800 CHF

Information Technology
Computer Technician101,000 CHF
Database Administrator124,000 CHF
Developer / Programmer122,000 CHF
Information Technology Manager218,000 CHF
Network Engineer110,000 CHF

Law Enforcement / Security / Fire
Police Officer76,000 CHF

Legal
Attorney245,000 CHF
Legal Assistant66,500 CHF

Media / Broadcasting / Arts / Entertainment
Journalist150,000 CHF

Pharmaceutical and Biotechnology
Biomedical Engineer106,000 CHF
Pharmacist160,000 CHF

Sales Retail and Wholesale
Cashier49,900 CHF
Sales Manager219,000 CHF
Sales Representative83,200 CHF

Teaching / Education
Elementary School Teacher85,400 CHF
Secondary School Teacher102,000 CHF

Average Hourly Wage in Switzerland


60 CHF per hour

The average hourly wage (pay per hour) in Switzerland is 60 CHF. This means that the average person in Switzerland earns approximately 60 CHF for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Salary Comparison By City

CityAverage Salary
Basel132,000 CHF
Bern127,000 CHF
Biel115,000 CHF
Geneve134,000 CHF
Lausanne129,000 CHF
Lugano118,000 CHF
Luzern122,000 CHF
St. Gallen120,000 CHF
Winterthur125,000 CHF
Zurich136,000 CHF

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Switzerland earn 4% more than their private sector counterparts on average across all sectors.

Private Sector
121,000 CHF
Public Sector+4%
126,000 CHF
Percentage increase and decrease are relative to the previous value

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