If you’ve ever wondered what families in Switzerland spend on groceries, then here is a breakdown. Figures are taken from mean household income and expenditure data recently published by the Federal Statistical office for 2015. More on this:Federal Statistical Office report (in French) – Take a 5 minute French test now For more stories like this on Switzerland follow us on Facebook and Twitter.
Read More »Where an average Swiss household spends its income
© Bigpressphoto | Dreamstime - Click to enlarge A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income. In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the...
Read More »Stress rises among Swiss workers
A recent report by Travail.Suisse shows around 40% of Swiss workers report feeling often or very often stressed by their work. © Luis Pablo Escoto Hernandez | Dreamstime Stress and emotional exhaustion is a daily reality for many says Travail.Suisse. Between 2015 and 2017, the percentage suffering work related stress or emotional exhaustion has risen from 38% to 48%. A key issue appears to be loss of control over free time. Other challenges include stagnating salaries and a lack of...
Read More »Switzerland’s 1.3 billion franc payment to EU proves divisive
20 Minutes. Switzerland’s deal with the EU involves a financial contribution. The sum announced by the Federal Council is CHF 1.3 billion over the next 10 years. © Marko Bukorovic | Dreamstime The arrangement, announced on Thursday to coincide with a visit by european commission president Jean-Claude Juncker, extends a previous 10 year deal. Not everyone is happy with the deal. Some, such as the Swiss People’s Party (UDC/SVP) think it is scandalous describing it as a 1.3 billion franc gift at...
Read More »Where an average Swiss household spends its income
A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income. © Bigpressphoto | Dreamstime In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the Federal Statistical Office, the disposable portion of it was 70%. The largest slice of income went...
Read More »Swiss still richest, according to Credit Suisse
© Wrangel | Dreamstime - Click to enlarge The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the...
Read More »Swiss still richest, according to Credit Suisse
The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. © Wrangel | Dreamstime Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the lead, if Iceland – with unreliable data – is ignored. Median Swiss wealth is somewhat lower: USD...
Read More »Swiss still richest, according to Credit Suisse
The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. © Wrangel | Dreamstime Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the lead, if Iceland – with unreliable data – is ignored. Median Swiss wealth is somewhat lower: USD...
Read More »Swiss government moves closer to personal digital IDs
The idea of digital IDs in Switzerland has been kicked around since 2002 when the government decided it was a good idea. Since then it has been hotly debated. Following a process of consultation, the government met on 15 November 2017, and announced it’s aiming to have some form of digital or e-ID written into Swiss law between now and the summer of 2018. © One Photo | Dreamstime The idea is simple. Government-issued physical IDs, such as passports, work well in person, however on the...
Read More »Switzerland moves closer to female board quotas
This week, Switzerland moved closer to requiring minimum percentages of women on company boards and management teams. © Cecilia Lim | Dreamstime A parliamentary commission came out in support of the Federal Council’s plan to require greater gender balance in the boardrooms of Switzerland’s large listed companies. A commission majority (14 versus 11) would like to see a minimum of 30% of board members and 20% of the management of these companies made up of each gender – a 100% female boardroom...
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