2008 UBS salary survey: 2008 wage round – real 1.4% increase expected
According to the latest UBS wage survey, nominal wages are to increase by 2.4% in 2008 following this year's wage negotiations. As UBS anticipates an inflation of 1% for 2008, there will be a 1.4% real increase in base salaries. According to the firms surveyed, nominal wages rose by 2% in 2007. UBS estimates inflation to average 0.7% in the current year, which translates into a 1.3% rise in real wages for employees this year. These are the main results of the 19th UBS salary survey, which is carried out annually among enterprises in 19 sectors within Switzerland.
