Wages in Switzerland increased to 6291 CHF/Month in 2018 from 6260 CHF/Month in 2017. Wages in Switzerland averaged 5764.14 CHF/Month from 1998 until 2018, reaching an all time high of 6291 CHF/Month in 2018 and a record low of 5082 CHF/Month in 1998.

Wages in Switzerland is expected to be 6335.00 CHF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Gross Monthly Wage in the Private Sector is projected to trend around 6565.00 CHF/Month in 2020, according to our econometric models.

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Switzerland Gross Monthly Wage in the Private Sector

Actual Previous Highest Lowest Dates Unit Frequency
6291.00 6260.00 6291.00 5082.00 1998 - 2018 CHF/Month Yearly


Switzerland Gross Monthly Wage in the Private Sector
In Switzerland, wages refer to the gross monthly salary in private sector, including employee social security contributions, benefits in kind, regularly paid bonuses, share of turnover or commissions plus hardship allowances for shift, night and Sunday work, 1/12 of 13th month salary and 1/12 of special annual payments. Family and child benefits are not included in the calculation.

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.50 2.30 5.70 1.50 percent [+]
Employed Persons 5090.00 5098.00 5098.00 3242.00 Thousand [+]
Unemployed Persons 117277.00 106330.00 206291.00 26.00 [+]
Productivity 102.97 102.42 104.72 77.83 points [+]
Job Vacancies 36472.00 36085.00 36748.00 6014.00 [+]
Wages 6291.00 6260.00 6291.00 5082.00 CHF/Month [+]
Wages in Manufacturing 112.40 113.10 113.20 100.00 points [+]
Population 8.48 8.42 8.48 5.30 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Job Offers 79030.00 83600.00 83600.00 29043.00 [+]
Labor Force Participation Rate 68.40 68.30 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.60 1.50 2.00 1.40 percent [+]
Non Farm Payrolls 5137.00 5109.00 5137.00 3841.00 Thousand [+]
Part Time Employment 1719.10 1729.60 1729.60 1064.50 Thousand [+]
Youth Unemployment Rate 2.40 2.30 5.70 1.40 percent [+]
Wage Growth 0.50 0.50 7.80 0.10 percent [+]
Employment Change -0.10 0.30 1.20 -0.60 percent [+]
Employment Rate 80.40 80.60 81.30 76.90 percent [+]
Full Time Employment 2802.60 2804.80 2841.10 2628.90 Thousand [+]