Wages are expected to rise by 2.2% next year. It will be the biggest pay hike for 15 years – but it’s not enough to cover the cost-of-living rise.
A UBS survey asked nearly 300 companies about their pay plans for next year.
The rise is double what was offered last year.
Chief economist at UBS, Daniel Kalt, points out that inflation is running at 3.5% in this country. That’s far lower than many other European countries.
It means a cut in real wages of 1.8% - which is the largest fall since 1942.
Cable car crashes to the ground, killing a woman.
A cable car crashed to the ground in central Switzerland yesterday morning and a woman died.
Dengue virus found in Basel
The Dengue virus has been detected for the first time in Switzerland, in mosquitoes found in Basel.
More vacant shops in Geneva
Vacant shopfronts are on the rise in Geneva, with commercial vacancies now at their highest level since 1994.
Men on trial for blackmailing suspected pedophile
Two men, aged in their twenties, are on trial in Fribourg for attempting to lure a suspected child molester online.
Small exception for cross border student ban
Geneva’s State Council has slightly eased rules on cross-border students, allowing children already in primary school to stay until the end of elementary education.
Swiss 'sex map' shows Bern most experimental
A new study is shedding light on our intimate habits.
