Tag Archives: Personal finance

20 Minutes. To reduce the outstanding amount owed by taxpayers, Basel’s parliament is discussing imposing income tax at source. Vaud is considering a similar plan. © Kurhan | Dreamstime.com Every year, the canton Basel-City has to chase around 15,000 outstanding tax bills amounting to a total of CHF 80 million. According to the newspaper NZZ, getting employers to deduct tax from salaries before they are paid is one solution currently on the table. The plan would involve employers deducting...

20 Minutes. While a recent job advertisement placed in a Swiss newspaper is not specific on gender, it makes it very clear that it doesn’t want anyone over the age of 50, or under the age of 25. The advertisement was placed by an organisation called Bureau des Métiers in Sion. The offending advert is also on the company’s website and can be viewed here. © Joserpizarro | Dreamstime.com According to 20 Minutes, who published the story, the practice is not illegal. Legal or not, some local...

20 Minutes. While a recent job advertisement placed in a Swiss newspaper is not specific on gender, it makes it very clear that it doesn’t want anyone over the age of 50, or under the age of 25. The advertisement was placed by an organisation called Bureau des Métiers in Sion. The offending advert is also on the company’s website and can be viewed here. © Joserpizarro | Dreamstime.com According to 20 Minutes, who published the story, the practice is not illegal. Legal or not, some local...

The Swiss National Bank is the process of issuing new bank notes. A new 50 franc note hit the streets last year. Now it is the new 20 franc note’s turn. Officially launched today, it will enter circulation on 17 May 2017. A photograph of the note was posted on Facebook by Bilan: The new red note, designed around the theme of light, has a few secrets. It can be be washed without losing any of its colour, so you don’t need to worry about leaving it in your pocket. Apparently it can even...

The Swiss National Bank is the process of issuing new bank notes. A new 50 franc note hit the streets last year. Now it is the new 20 franc note’s turn. Officially launched today, it will enter circulation on 17 May 2017. A photograph of the note was posted on Facebook by Bilan: The new red note, designed around the theme of light, has a few secrets. It can be be washed without losing any of its colour, so you don’t need to worry about leaving it in your pocket. Apparently it can even...

© Kevkhiev Yury | Dreamstime.com Le Matin. According to a recent study, employees in certain roles in Switzerland are paid around 50% more than those second-placed Luxembourg. The premium applies to recent hires, middle managers and qualified professionals, says the study conducted by Willis Tower Watson. The report, entitled Global 50 Remuneration Planning Report 2016/2017, looks at pay across 50 roles and 60 countries...

24 Heures. Last week, the regional newspaper 24 Heures, uncovered a fraudulent scheme allegedly involving two workers from the union Unia, which may have cost Vaud’s social security system as much as CHF 3 million. © Steve Woods | Dreamstime.com The alleged fraud is centred on the construction industry, where bosses of small businesses along with two staff from the union Unia managed to deceive the canton’s unemployment fund. According to an ongoing criminal enquiry, around CHF 3 million was...

24 Heures. Last week, the regional newspaper 24 Heures, uncovered a fraudulent scheme allegedly involving two workers from the union Unia, which may have cost Vaud’s social security system as much as CHF 3 million. © Steve Woods | Dreamstime.com The alleged fraud is centred on the construction industry, where bosses of small businesses along with two staff from the union Unia managed to deceive the canton’s unemployment fund. According to an ongoing criminal enquiry, around CHF 3 million was...

Le Matin. According to a recent study, employees in certain roles in Switzerland are paid around 50% more than those second-placed Luxembourg. The premium applies to recent hires, middle managers and qualified professionals, says the study conducted by Willis Tower Watson. © Kevkhiev Yury | Dreamstime.com The report, entitled Global 50 Remuneration Planning Report 2016/2017, looks at pay across 50 roles and 60 countries including Switzerland and 15 other countries in Europe. For Switzerland,...

Tribune de Genève. Thousands of cross-border workers working in the canton of Geneva, who have not yet formally sorted out their health insurance situation, risk getting a big bill. © Pogonici | Dreamstime.com This week the canton made a final call to those living in France and working in Geneva to make a formal choice between the French and Swiss health systems, something which must be done before the final deadline on 30 September 2017. The requirement applies beyond those working in...