Switzerland is home to a stable economy, characterised by a low unemployment rate, good social security benefits, and some of the highest salaries in the world. It enjoys three official languages, German-Swiss (the most commonly spoken), French, and Italian. The Swiss economy is attractive to foreign investment, with many companies choosing to expand into the country due to its favourable tax conditions and high quality of life. This article highlights the points to consider before tapping into Swiss talent market.
The market at a glance
Size of workforce
Those who work for pay or profit for at least one hour a week, or who have a job but are temporarily not at work due to illness, leave or industrial action
The ratio of the employed to the working age
% of population (25-44 yrs old) with tertiary graduation rates
Cost of labour
English proficiency index (world)
The world's largest ranking of countries and regions by English skills
English proficiency index (Europe)
Europe's largest ranking of countries and regions by English skills
Finding the right talent
Many job seekers find work through the Regional Employment Centres (RAV/ORP/URC), and this is a good place to start looking for talent. Job sites are common, but many choose to register at a private employment agency, like Manpower and Adecco. Local chambers of commerce also organize networking events, so this may be another fruitful source of talent.
Things to keep in mind
Whilst a quarter of Switzerland's population were born abroad, job quotas are often in place for foreigners to give favour to local residents in new job vacancies. As an employer, you may need to prove a job cannot be occupied by a local and submit a request to the Federal Office for Migration (FOM).
- Total 2017 Labour force
- % of working age population
- % of population (25-44 yrs old) with tertiary graduation rates
- Average wage
- English proficiency index