Wages are expected to rise by 2.2% next year. It will be the biggest pay hike for 15 years – but it’s not enough to cover the cost-of-living rise.
A UBS survey asked nearly 300 companies about their pay plans for next year.
The rise is double what was offered last year.
Chief economist at UBS, Daniel Kalt, points out that inflation is running at 3.5% in this country. That’s far lower than many other European countries.
It means a cut in real wages of 1.8% - which is the largest fall since 1942.
Major 5 year works plan starts in Geneva next year
Geneva residents are being warned a five-year programme of works to spread geothermal energy starts next year.
Home owner tax on brink of abolishment - or not
Is the much-maligned tax that home owners have to pay on the way out – or not?
Boy killed by bus in Vaud
A young boy was killed in canton Vaud on Tuesday evening after he was hit by a bus.
Quagga mussel found in Lake Zurich for first time
The invasive quagga mussel is continuing to spread.
Police officer pardoned of speeding
A police woman has been pardoned for a speeding offence dating from 2017.
Final - Geneva shops will open this Sunday
Shops in Geneva will be open this Sunday.
