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Inflation is eating away at Swiss people’s purchasing power. But wage increases do not have to be tightly negotiated everywhere: Wages are rising significantly due to a shortage of skilled workers in various sectors, dispelling inflation concerns.
Blick has a 2024 salary summary from international personnel consultancy Robert Half. It shows how this is currently happening in finance and accounting, HR and IT. Difficulties in hiring and concern for retaining employees lead to significant improvements in wages and benefits.
In most cases, wages in these sectors exceed 100,000 francs per year.
Six-figure fees for startups
According to Robert Half, if employees have the necessary qualifications, certifications and degrees, they can earn a six-figure annual salary from the start of a position.
For example, these fees are common in entry-level and junior positions:
- Help Desk (level 1/2): 110,000 francs
- Business analyst: 102,000 francs
- HR manager: 103,250 francs
- Systems engineer: 100,500 francs
- Data scientist: 100,000 francs
- Software developer: 101,500 francs
- Credit and Risk Manager: 127,000 francs
The following wages are standard for people with above-average qualifications or long professional experience:
- Accounting manager: 153,000 francs
- Compliance manager: 168,000 francs
- Salary accountant: 132,500 francs
- Personal/executive assistant: 115,250 francs
- HR Business Partner: 142,750 francs
- HR specialist: 122,500 francs
- Controller: 152,750 francs
Increasing pressure is causing wages to explode
Salaries reflect current developments: “The pressure on HR managers in IT is huge; there are many vacancies, few staff,” comments Renata von Gottberg, director of Robert Half Switzerland. The importance of IT will increase in the coming years, resulting in specialization in areas where experts need to find and recruit.
The field of finance and accounting is also increasingly facing challenges related to increasing regulatory requirements. This catapults salaries into new areas.
More additional services expected
In the struggle for talent, it’s not just money that matters. Robert Half notes that on the employee side, there is more focus on benefits, additional services and advanced training opportunities.
A popular option is to temporarily assign clients or partners to gain new experiences. But so far companies have primarily offered in-house advanced training.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
