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Tag Archives: Personal finance

Tips for cutting energy bills

As the prices of fossil fuels skyrocket and further supply and price uncertainty looms, many are seeking ways to cut the amount they spend on home energy. A publication by the Swiss Federal Office of Energy (SFOE) shows where savings can be made. Photo by Eva Penner Martens on Pexels.comRecent rises in the prices of fossil fuels highlight the paradox at the heart of efforts to reduce climate change. As environmentalists we want the world to burn less wood, coal, gas...

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Average annual healthcare costs hit 9,600 francs in Switzerland in 2020

Statistics published on 26 April 2022 show health expenditure in Switzerland rose to CHF 9,648 (US$ 10,8001) per person in 2020, making Switzerland (probably) the second biggest per-capita healthcare spender in the world – the OECD has not yet published 2020 expenditure for the US, which is typically the world’s highest spender. Photo by Anna Shvets on Pexels.comHealthcare spending rose 1% in 2020 compared to 2019, according to Switzerland’s Federal Statistical...

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Swiss unions call for compensation for public holidays that fall on weekends

Last year, Christmas and Swiss national day (1 August) fell on weekends. Switzerland’s unions are calling for compensation for these “lost” holidays, reports the newspaper 20 Minutes. Photo by Catarina Sousa on Pexels.comIn Switzerland, when public holidays fall on weekends no extra day off or extra pay is provided by employers. Swiss unions are calling for these missed holidays to be added to annual leave. 80 countries have such a system, including England, Belgium, Luxembourg and...

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Electric bike theft jumps in Switzerland (and locking tips)

Recently published Federal Statistical Office (FSO) figures show a sharp jump in the number of electric bicycles stolen in Switzerland. In 2021, 8,919 electric bikes were stolen in Switzerland, 47% more than in 2020. Photo by Snapwire on Pexels.comAt the same time the number of regular bicycles thefts fell by 11%, reflecting in part the shift away from regular bikes towards electric ones. 27,246 regular bicycles were stolen in Switzerland in 2021, bringing the total number of bike thefts...

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Tips for cutting energy bills

As the prices of fossil fuels skyrocket and further supply and price uncertainty looms, many are seeking ways to cut the amount they spend on home energy. A publication by the Swiss Federal Office of Energy (SFOE) shows where savings can be made. Photo by Eva Penner Martens on Pexels.comRecent rises in the prices of fossil fuels highlight the paradox at the heart of efforts to reduce climate change. As environmentalists we want the world to burn less wood, coal, gas and oil. However, as...

Read More »

Average annual healthcare costs hit 9,600 francs in Switzerland in 2020

Statistics published on 26 April 2022 show health expenditure in Switzerland rose to CHF 9,648 (US$ 10,8001) per person in 2020, making Switzerland (probably) the second biggest per-capita healthcare spender in the world – the OECD has not yet published 2020 expenditure for the US, which is typically the world’s highest spender. Photo by Anna Shvets on Pexels.comHealthcare spending rose 1% in 2020 compared to 2019, according to Switzerland’s Federal Statistical Office (FSO). The rise in...

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Swiss job market reaches new record

The number of Swiss job advertisements rose 47% in the first quarter of 2022 compared to the same quarter in the previous year, a record rise, reported the employment agency Adecco. Photo by Tim Samuel on Pexels.comJob hunters in Switzerland face much better prospects than they have in a long time, said the agency, particularly those with highly sought after digital skills. The data behind the Adecco Group Swiss Job Market Index is compiled by the University of Zurich. 7% more jobs...

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Swiss government prepares for electricity price shock

Switzerland’s leaders are concerned by the current volatility of electricity prices and have started planning for a potential disaster scenario, reported RTS. Photo by Pok Rie on Pexels.comThe war in Ukraine has impacted energy provision across Europe, said Swiss energy minister Simonetta Sommaruga on Thursday. Price movements have reached historical levels and could worsen if gas supplies from Russia stop. If the price of gas spikes, some electricity suppliers could experience a...

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Swiss health insurance could jump by 9 percent next year

According to the newspaper Le Matin Swiss health insurance premiums could rise by 7% to 9%, reported RTS. Photo by Karolina Grabowska on Pexels.comThe future rise in the cost of health insurance is estimated based on data on the rising healthcare costs being passed on to health insurance companies. According to the data, costs rose during the second half of 2021. Across all of 2021 costs were up by 5.1% and the trend appears to have continued. Several politicians...

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Swiss health insurance could jump by 9% next year

According to the newspaper Le Matin Swiss health insurance premiums could rise by 7% to 9%, reported RTS. Photo by Karolina Grabowska on Pexels.comThe future rise in the cost of health insurance is estimated based on data on the rising healthcare costs being passed on to health insurance companies. According to the data, costs rose during the second half of 2021. Across all of 2021 costs were up by 5.1% and the trend appears to have continued. Several politicians interviewed on the...

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