Categories: Market

Big overview: Wages in these professions are skyrocketing

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IT is becoming increasingly important but there is a shortage of staff.
Jean Claude RaemyEconomics Editor

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
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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.

More on the topic of wage negotiations
Prices are rising everywhere
Unions want five percent more pay for everyone
Big salary overview
This is what experts in Switzerland deserve
Stronger than inflation in some cases
Wages could really rise
Average 117,000 francs
Federal officials completely outperform the private sector when it comes to wages
without a college degree
You can also earn good money from these jobs.
Swissmem warns of recession
Will layoffs continue?
What is being done at Migros?
140 francs more per month for most Coop workers
Unionists against builders
Negotiations for higher wages in construction fail

The field of finance and accounting is also increasingly facing challenges related to increasing regulatory requirements. This catapults salaries into new areas.

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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.

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Source :Blick

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