Tag Archives: Work

When it comes to stress, gender plays less of a role than the number of working hours, found the Job Stress Index. (racorn / 123rf.com) Workplace stress in Switzerland is on the rise, particularly among younger workers – who often show up feeling unwell. The consequences are costly. The “Job Stress Index” – published by Health Promotion Switzerlandexternal link on the eve of World Mental Health Dayexternal link – has...

The president of pharmaceutical giant Novartis has announced job cuts in an interview with Swiss newspaper NZZ am Sonntag. Jörg Reinhardt said the Basel-based company wants to streamline its production sites and administration worldwide. - Click to enlarge The president of pharmaceutical giant Novartis has announced job cuts in an interview with Swiss newspaper NZZ am Sonntag. Jörg Reinhardt said the Basel-based...

Willingness to relocate has declined worldwide, according to the Boston Consulting company. (Keystone) Switzerland has lost some of its appeal for foreign labour, according to a survey by an American multinational management consulting firm. Compared with 2014, Switzerland finished in eighth place – down three positions. The authors of the Decoding Global Talent reportexternal link say the drop is due to a loss of...

Tools downed temporarily at a construction site earlier this year, there is a mood for strikes, unions say Unions on Friday threatened warning strikes for the building sector this autumn if the current retirement age of 60 for construction workers is dropped. At a press conference on Friday, Switzerland’s biggest trade union Uniaexternal link, and the union Synaexternal link called for early retirement, as well as more...

UBS chief executive Sergio Ermotti received CHF14.2 million in compensation for 2017, up from CHF13.7 million in 2016. (Keystone) The gap between the top-paid and least-paid employees of the 39 largest companies in Switzerland remains high, despite a 2013 vote against excessive executive pay. According to Switzerland’s largest trade union, Unia, in 2017 the average ratio between top and bottom in these companies was...

Italian fashion brand OVS has 140 stores across the country. (Keystone) The Sempione Retail company, owner of the OVS fashion stores in Switzerland, has begun bankruptcy proceedings. Some 140 outlets will close their doors, with 1,150 workers affected. The Italian clothes brand announced in a statement on Wednesday evening that it had reached a financial dead-end. It did not go into specific details, but said that it...

The Swiss economy appears to be on a roll. Pictured here: a worker at the Lantal Textiles rug factory in Melchnau (© Marcel Bieri) - Click to enlarge The Swiss unemployment rate was 2.7% in April – a level last seen in July 2012. Last month, 119,781 people were registered as without work in Switzerland – 10,632 fewer than the previous month. This brought the overall unemployment rate down from 2.9% in March...

A May Day rally in the centre of Basel in northwest Switzerland on May 1, 2018 (Keystone) - Click to enlarge Workers and activists have been celebrating May Day in Switzerland with rallies in numerous cities urging their government to address employment issues, such as equal pay. Around 50 rallies and events are planned across Switzerland. On Tuesday morning, 13,000 took part in a demonstration in Zurich...

Still an issue in 2018: Women calling for equal pay on women’s day in Geneva (© KEYSTONE / MARTIAL TREZZINI) The workers’ union umbrella group Travail Suisse is calling for the introduction of a blacklist to shame Swiss companies that fail to pay women and men equally. This is one of 28 recommendations which feature in a position paper published by Travail Suisse external linkon Monday, on the eve of International...

Swiss International Air Lines has been ranked as the most attractive employer in a survey on the 150 largest companies in Switzerland. Zurich Airport came in second, followed by watchmaker Patek Philippe. The survey, published by Dutch recruitment agency Randstadexternal link on Thursday, asked 4,800 people aged 18-65 where they would like to work. The study took 16 criteria into account, including work environment,...