In Switzerland, there is no national minimum wage by law. However, the minimum wage for a fulltime employee established by the Collective Bargaining Agreement is CHF 57,460 gross a year. Some cantons apply minimum hourly wages:
The individual income tax ranges from 1% to 24%. Income tax is calculated according to progressive rates, location (canton) of the employee. Multiple additional factors may impact overall rates such as the household status and the number of children.
The employer cost is generally estimated between 10-20% of the employee salary. The variation will depend on the canton, age, salary, and multiple conditions.
Standard working hours are 8 hours per day, 40 hours per week. The standard workweek is from Monday to Friday. The standard workweek can vary from 38.5 to 42.5 hours.
Overtime payment is not mandatory and may be included in the salary, depending on what's agreed in the employment contract. Employees can work a maximum of 45-50 hours of overtime. For additional hours, employees can be paid:
