Wages in Switzerland increased to 6304 CHF/Month in 2019 from 6248 CHF/Month in 2018.

Wages in Switzerland averaged 5785.86 CHF/Month from 1998 until 2019, reaching an all time high of 6304 CHF/Month in 2019 and a record low of 5082 CHF/Month in 1998. This page provides - Switzerland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Gross Monthly Wage in the Private Sector - values, historical data and charts - was last updated on October of 2020.

Wages in Switzerland is expected to reach 6317.00 CHF/Month by the end of 2020, 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 6392.00 CHF/Month in 2021 and 6501.00 CHF/Month in 2022, according to our econometric models.

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Switzerland Gross Monthly Wage in the Private Sector

Actual Previous Highest Lowest Dates Unit Frequency
6304.00 6248.00 6304.00 5082.00 1998 - 2019 CHF/Month Yearly

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.30 5.70 1.50 percent [+]
Employed Persons 5005.00 5129.00 5129.00 3242.00 Thousand [+]
Unemployed Persons 148560.00 151111.00 206291.00 26.00 [+]
Productivity 94.78 99.96 104.72 77.83 points [+]
Job Vacancies 31688.00 30702.00 37714.00 6062.00 [+]
Wages 6304.00 6248.00 6304.00 5082.00 CHF/Month [+]
Wages in Manufacturing 112.90 112.40 113.20 100.00 points [+]
Population 8.54 8.48 8.54 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 61101.00 67002.00 83600.00 29043.00 [+]
Labor Force Participation Rate 68.10 68.10 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.40 1.50 2.00 1.20 percent [+]
Youth Unemployment Rate 3.60 3.90 5.70 1.40 percent [+]
Non Farm Payrolls 5095.00 5132.00 5159.00 3841.00 Thousand [+]
Part Time Employment 1721.40 1722.40 1740.50 1064.50 Thousand [+]
Wage Growth 0.90 0.50 7.80 0.10 percent [+]
Employment Change -2.40 0.40 1.30 -2.40 percent [+]
Employment Rate 79.10 80.40 81.30 76.90 percent [+]
Full Time Employment 2746.40 2816.40 2841.10 2628.90 Thousand [+]


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.