Economists say they expect pay rises on average next year of 2.2% as pay tries to keep up with high inflation. But it won’t be enough as inflation is expected to run at 3.2% next year.
Some sectors will be better off than others. Those working in hospitality could see rises of over 4% as bars and restaurants tackle a labour shortage.
But bankers could see only rises of 1.5% - according to a study at the ETH in Zurich.
The pay claims could be the highest this country has seen for 22 years.
WEF quits following Epstein links
The president of the World Economic Forum, Børge Brende, has resigned following an internal probe into his past contacts with convicted sex offender Jeffrey Epstein.
Parmelin defends Trump comments
In a special edition of Infrarouge on RTS, the Swiss President Guy Parmelin defended his recent meeting with Donald Trump in Davos during the World Economic Forum.
Pharmacy miscalculates dosage for baby
A pharmacy in Zurich has apologised after a potentially dangerous dosing error involving a four-month-old baby.
Hybrid cars popular in Geneva
Geneva’s car market is shifting gears.
US to expand Bern Embassy
The US government has confirmed it will spend CHF 36m on renovating the embassy in Bern.
Fire victims will get federal money
Bern has announced it will pay each victim of the Crans Montana fire CHF 50,000 as a one time payment.
