UBS Compensation Survey: Wages to rise by 0.6% in 2017
Zürich26 Oct 2016, 11:00 CESTMedia Releases Switzerland
For 2017, UBS expects an average nominal wage increase of 0.6 percent in Switzerland. Ongoing economic and geopolitical challenges are still causing companies difficulties and holding wages down. Coupled with a forecast annual inflation rate of 0.4 percent for 2017, average real wages may virtually stagnate, having risen by an average of 1.2 percent per year over the last eight years.
