The Swiss economy is experiencing a strong upswing after the Corona crisis. The vacancies advertised by companies have reached a new record level. The shortage of skilled workers is now also driving wages up sharply. This increase reaches up to 20 percent within a year for numerous top specialists, as the “NZZ am Sonntag” writes.
Stephan Surber, head of the management agency Page Executive Switzerland, observes an acute shortage in several professional groups: “It’s all about functions that are of existential importance for the company.”
70,000 francs more than in the previous year
Surber cites the example of a security manager in IT. The range of total remuneration has currently increased to between CHF 220,000 and CHF 360,000. That corresponds to an increase of between 40,000 and 70,000 in one year.
Project managers in the financial sector, computer scientists, professionals in the field of cyber security, data analysis and private equity managers at banks are still in great demand and are accordingly well paid. They can all look forward to sharply increased wages.
“Digitization at any price”
Werner Raschle from HR consultants Consult & Pepper is also observing sharp jumps in wages in IT jobs: “After Corona, some companies are pushing ahead with digitization at any price – the costs hardly seem to play a role.” For the majority of employees, however, the prospects for earnings are less rosy, writes the “NZZ am Sonntag”.
But there is good news: According to a survey by the Economic Research Center (KOF) at ETH Zurich, companies want to raise their wages by an average of 1.6 percent next year. Due to inflation, real wages have fallen by 1 percent in the current year. (pbe)
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