I’d say it’s very good. I don’t know about Zürich where rent is higher but overall it works out pretty well considering the overall package: much better employment insurance (1-2 years at 80% of your salary, including if you quit), vacation (5 weeks minimum by law + statutory holidays), health insurance (healthcare is not cheap here compared to Germany or France or Italy but the max deductible allowed for policies is 2500/year/adult), paid overtime (again, by law), 1-3 months notice period when quitting or laying off, and companies (generally) aren’t as trigger happy: if they hire you it’s not to fire you as soon as the wind changes. Oh and parental leave by law (don’t know the specifics).
That’s my understanding, if I made a mistake please correct me.
Yes food costs more, so does clothing etc. But taxes aren’t suuuper high in my opinion (around 20-30% with health insurance paid separately), VAT is 7.7%, and you can get anywhere by train for quite cheap (super saver tickets let you go across Switzerland for 20 francs, if you plan a bit ahead).
The caveat is that unless you have an EU passport or marry a Swiss, it’s almost impossible to get a work visa. And if you’re a US citizen, there is no bank that will want to take you as a customer.
Banks are a big employer but there are also insurance companies. I’m joking, these two are big but there are startups as well, consultancies, big entreprise type of jobs, etc.
That’s my understanding, if I made a mistake please correct me.
Yes food costs more, so does clothing etc. But taxes aren’t suuuper high in my opinion (around 20-30% with health insurance paid separately), VAT is 7.7%, and you can get anywhere by train for quite cheap (super saver tickets let you go across Switzerland for 20 francs, if you plan a bit ahead).
The caveat is that unless you have an EU passport or marry a Swiss, it’s almost impossible to get a work visa. And if you’re a US citizen, there is no bank that will want to take you as a customer.
Banks are a big employer but there are also insurance companies. I’m joking, these two are big but there are startups as well, consultancies, big entreprise type of jobs, etc.