Tag Archives: Editor’s Choice

If you have ever wondered how much employees in Switzerland get paid you can check with the online tool Salarium, created by the Swiss government. © Shaunwilkinson – Dreamstime The information is compiled from a database of numbers from a salary survey done in 2014. After entering five required bits of information: region, business sector, occupation, professional position and working hours, the tool calculates the gross monthly median salary and range. It can be further fined tuned with...

On 24 July 2017, the Swiss franc was 1.101 to the euro. One week later on 31 July 2017 it was 1.145, according to Bloomberg. Over the month it dropped from 1.095 to 1.145, a drop Reuters described as the biggest monthly drop in six years. © Wirojsid | Dreamstime The Swiss National Bank (SNB) has been working hard to bring down the value of the Swiss franc. Speaking to the newspaper Le Temps last week, SNB president Thomas Jordan described the currency as “significantly overvalued”. But why...

On 24 July 2017, the Swiss franc was 1.101 to the euro. One week later on 31 July 2017 it was 1.145, according to Bloomberg. Over the month it dropped from 1.095 to 1.145, a drop Reuters described as the biggest monthly drop in six years. © Wirojsid | Dreamstime The Swiss National Bank (SNB) has been working hard to bring down the value of the Swiss franc. Speaking to the newspaper Le Temps last week, SNB president Thomas Jordan described the currency as “significantly overvalued”. But why...

A recent report by the Reuters Institute shows a fall in trust in news media in Switzerland. They survey shows that only 46% trust news overall. This is down 4% compared to the year before. The report suggests this is an effect of the debate around ‘fake news’ resulting from the presidential election in the US, a subject that dominated Swiss media at the time. © Pressureua | Dreamstime Despite the recent fall, Swiss confidence in news media is above the average of the 36 countries covered –...

20 Minuten. Switzerland’s Federal Council wants to introduce new measures to lower prices in Switzerland to curb cross-border shopping, something that it says hurts Swiss businesses. © Robert Kneschke | Dreamstime Minister for Economic Affairs, Johann Schneider-Ammann, said in an interview with the newspaper Schweiz am Wochenende that he’s working on a package of measures to tackle high retail prices in Switzerland. He thinks that if business costs are reduced prices will fall. In his view...

20 Minuten. Switzerland’s Federal Council wants to introduce new measures to lower prices in Switzerland to curb cross-border shopping, something that it says hurts Swiss businesses. © Robert Kneschke | Dreamstime Minister for Economic Affairs, Johann Schneider-Ammann, said in an interview with the newspaper Schweiz am Wochenende that he’s working on a package of measures to tackle high retail prices in Switzerland. He thinks that if business costs are reduced prices will fall. In his view...

© Sam74100 | Dreamstime At 1 June 2017, 3,650 empty homes, of which 2,655 were for rent and 995 for sale, were on the market in Vaud. This brought the vacancy rate to 0.9%, a rise of 0.1% compared to the year before. This rise follows an increase of 0.1% in 2016 from a rate of 0.7% in 2015. The market is considered balanced when the vacancy rate reaches 1.5%. The last time it was above this mark in Vaud was in 1999....

At 1 June 2017, 3,650 empty homes, of which 2,655 were for rent and 995 for sale, were on the market in Vaud. © Sam74100 | Dreamstime This brought the vacancy rate to 0.9%, a rise of 0.1% compared to the year before. This rise follows an increase of 0.1% in 2016 from a rate of 0.7% in 2015. The market is considered balanced when the vacancy rate reaches 1.5%. The last time it was above this mark in Vaud was in 1999. Vacancy rates varied significantly across the canton. The five regions with...

A study requested by Credit Suisse and Pro Juventute shows how much pocket money habits vary across Switzerland. © Kirsty Begg | Dreamstime Of the 14,000 adults surveyed a clear majority said it was their job to teach their children how to deal with money. Parents in the lowest earning category (less than CHF 50,000 p.a.) placed greater emphasis on teaching their children than those it the highest income bracket of over CHF 200,000 p.a. The most important lessons Swiss parents focus on...

The average number of hours spent on domestic tasks by men in Switzerland rose by 10% between 2010 and 2016 according to a report by Switzerland’s federal statistical office. © Masta4650 | Dreamstime The 17.9 hours dedicated to domestic work by an average man every week was 36% less than that of an average woman. Men however were not sitting around twiddling their thumbs. The 27.3 hours spent by men on paid work was 64% higher than the 16.6 hours women invested in paid work. After adding in...