Pecohub Despite expectations of an improving economy, wage growth will be limited. After accounting for the projected inflation of 0.8 percent, real purchasing power growth is expected to be only 0.2 percent.
Wages in Switzerland are expected to increase by only 1 percent on average during 2027. This is according to the UBS salary survey, conducted with nearly 400 Swiss companies, albinfo.ch reports.
According to forecasts, inflation for next year is expected to be 0.8 percent, which means that the real increase in wages and purchasing power will be only 0.2 percent.
The largest increases are expected in the energy, supply and public services sector, with 1.5 percent. In the chemical, pharmaceutical and metallurgical industries, an increase of 1.2 percent is expected.
While the lowest increases are predicted in retail trade, by 0.8 percent, as well as in the watch and jewelry industry, by only 0.7 percent.
According to UBS, although companies’ confidence in economic development has improved, employment planning remains cautious. The bank predicts that the Swiss economy will grow by 1.5 percent in 2027
