Economists say they expect pay rises on average next year of 2.2% as pay tries to keep up with high inflation. But it won’t be enough as inflation is expected to run at 3.2% next year.
Some sectors will be better off than others. Those working in hospitality could see rises of over 4% as bars and restaurants tackle a labour shortage.
But bankers could see only rises of 1.5% - according to a study at the ETH in Zurich.
The pay claims could be the highest this country has seen for 22 years.
Bank details compromised
British digital bank Revolut has admitted handing customer information to fraudsters who impersonated a European government agency
Watch theft victim speaks out
A luxury watch dealer just across the French border from Geneva has broken his silence about a violent robbery earlier this month
Crans Montana hearings due before end of year
Jessica Moretti, who ran the Constellation bar in Crans-Montana, is now living in near-isolation in the Valais village of Lens more than eight months after the deadly New Year's Eve fire
Better news for economy
Switzerland's economy will grow 1.7% this year — nearly double the 0.9% expansion forecast in June, the State Secretariat for Economic Affairs said yesterday
Geneva budget plan unveiled
Geneva has now put figures to its austerity plan — a CHF 546 million deficit for 2027, even after CHF 247 million in cuts
Summer fires increase
Firefighters across French-speaking Switzerland tackled far more vegetation fires this summer than in any of the past five years
