Salaries in Switzerland are expected to increase only 1 percent in 2027

Salaries in Switzerland are expected to increase only 1 percent in 2027

Salaries in Switzerland are expected to increase only 1 percent in 2027

Despite expectations of improving the economy, wage growth will be limited. After the projected 0.1 percent inflation count, the real increase in purchasing power is expected to be only 0.2 percent.

Salaries in Switzerland are expected to increase by only 1 percent during 2027. The UBS’s salary survey, conducted with nearly 400 Swiss companies, shows this, contains albinfo.ch.

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According to projections, inflation for next year is expected to be 0.1 percent, meaning that real wage growth and purchasing power will be only 0.2 percent.

The largest increases are spent in the energy, supply and public services sector, with 1.5 percent. In the chemical, pharmaceutical, and metallural industry, 1.2 percent growth is expected.

As the lowest increases are seen in retail trade, by 0.7 percent, as well as in the hour and jewelry industry, with only 0.7 percent.

According to the UBS, even though company confidence in economic development has improved, employment planning remains careful. The bank predicts that the Swiss economy will grow by 1.5 percent during 2027. /Albinfo. ch/

Source Layer: Insander

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Salaries in Switzerland are expected to increase only 1 percent in 2027 | Momenti