GenevaLunch » employees

Women lag 18% behind men for Swiss salaries: new stats show devil in the detail

Ellen Wallace — Mon, 28 Nov 2011 11:14:50 +0000

GenevaLunch.com BERN, SWITZERLAND – The Swiss Federal Statistical Offices new figures for average earnings in Switzerland show women making barely any progress in catching up with men for equal pay. The average salary in 2010 was CHF5,979, but the spread was large: women made on average CHF5221 and men CHF6,397. Differences are explained to some extent [...]

Women lag 18% behind men for Swiss salaries: new stats show devil in the detail © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss banks recovered in 2010: 50% profits improvement

Ellen Wallace — Thu, 16 Jun 2011 08:41:07 +0000

GenevaLunch.com ZURICH, SWITZERLAND – Put the Swiss banking crisis in the past tense, with the Swiss National Bank’s new report on the state of Swiss banking showing that in 2010 the gross profit for the country’s 320 banks was CHF18.9 billion, a roughly 50 percent improvement over 2009. The aggregate balance sheet for all Swiss banks [...]

Swiss banks recovered in 2010: 50% profits improvement © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swatch to hire at least 1,000 in Switzerland

Ellen Wallace — Tue, 01 Mar 2011 13:12:13 +0000

GenevaLunch.com Biel/Bienne and Geneva, Switzerland (GenevaLunch) – Swatch Tuesday 1 March confirmed its strong forecast for 2011 worldwide watch sales by saying it plans to hire 1,000-1,500 workers in 2011, at its Swiss plants, to keep up with demand. The company added 1,600 new employees, worldwide, in 2010. Chief executive Nick Hayek told Le Temps newspaper [...]

Swatch to hire at least 1,000 in Switzerland © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss foreign trade strong in November, as franc rises again (update)

Ellen Wallace — Tue, 21 Dec 2010 09:40:48 +0000

GenevaLunch.com Strong trade with Asia, Latin America; watch and machining industries recovering (video, Hublot watchmaking) Bern, Switzerland (GenevaLunch) – Swiss foreign trade improved in November 2010 compared to November 2009, with exports of CHF17.5 billion up 7.4 percent and imports of CHF15.6b up 11.3 percent, both in real terms, adjusted for inflation. The trade balance, with [...]

Swiss foreign trade strong in November, as franc rises again (update) © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss unions “satisfied” with 1.5-2.5% salary increases

Ellen Wallace — Mon, 20 Dec 2010 14:15:25 +0000

GenevaLunch.com Bern, Switzerland (GenevaLunch) – Travail.Suisse, a union that represents 170,000 workers in three major industries, says it is “satisfied” with salaries negotiated for 2011, up to 3 percent in some cases. The construction business is the only one where negotiators have failed to agree, with companies recommending a 1 percent increase, turned down by the [...]

Swiss unions “satisfied” with 1.5-2.5% salary increases © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Corporate bankruptcy law revision would ease obligations

Ellen Wallace — Wed, 08 Sep 2010 10:55:34 +0000

GenevaLunch.com Creditors, employees would have less protection, companies could more easily revive Bern, Switzerland (GenevaLunch) – A contentious Swiss law could soon end, if the Federal Council has its way. The government Wednesday 8 September announced it wants to end the obligation for a company taking over a bankrupt one to take on all the employees [...]

Corporate bankruptcy law revision would ease obligations © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

IMD opens the World Cup at work debate

Ellen Wallace — Tue, 01 Jun 2010 09:43:59 +0000

GenevaLunch.com Lausanne, Switzerland (GenevaLunch) – One of the summer’s hottest debates could take place in the office: to let or not let the staff watch the World Cup football matches. Two IMD buiness school research fellows in Lausanne offer some pros and cons in IMD’s latest online debate. Karsten Jonsen says yes, great idea, arguing that [...]

IMD opens the World Cup at work debate © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Clariant sheds employees as it shifts business out of Switzerland

Ellen Wallace — Tue, 16 Feb 2010 08:29:35 +0000

GenevaLunch.com Muttenz, Basel, Switzerland (GenevaLunch) – Chemicals company Clariant has announced layoffs of 500 employees, 400 of which are in Switzerland, as it continues to restructure. The company suffered sharp losses in 2008, largely due to a sudden drop in the auto industry. The company has since then shed more than 3,000 jobs. It is now [...]

Clariant sheds employees as it shifts business out of Switzerland © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss rich-poor salary gap grows

Ellen Wallace — Tue, 17 Nov 2009 12:41:54 +0000

GenevaLunch.com Foreigners at top end out-earn Swiss Neuchatel, Switzerland (GenevaLunch) - Top managers’ salaries in Switzerland have continued to rise “sharply”, especially in the financial field, since 2006, and the spread between Switzerland’s lowest paid workers and highest increased, a preliminary government statistical report shows. Well-qualified foreign workers and those with long-term C residence permits out-earn [...]

UBS study shows Geneva, Zurich expensive, salaries high but only 9 hours work to buy iPod

Ellen Wallace — Wed, 19 Aug 2009 10:56:12 +0000

GenevaLunch.com Geneva and Zurich, Switzerland (GenevaLunch) – Geneva and Zurich among the top five priciest cities in the world, along with Oslo, Copenhagen and Toky, according to a study by bank UBS comparing prices and earning in 73 cities around the world. Salaries are highest in Switzerland, Denmark and the US, with workers in Geneva and [...]

UBS study shows Geneva, Zurich expensive, salaries high but only 9 hours work to buy iPod © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.