Labour Market Trends

Salary Guide 2023

Confidence in business growth remains high despite uncertainties in the markets. Another factor is the persistent challenge of finding qualified employees for forthcoming changes that digital transformation will bring. Executives need to be aware of this situation and adapt to the new conditions.

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of companies are confident about business growth in 2022/2023

Outlook remains positive

The sentiment among executives is good: almost two-thirds are upbeat about their company’s prospects for the coming year.
The main reasons for this optimistic assessment are expanding business opportunities, a higher budget at their disposal and an improved economic situation.
This confidence in their own company strength is also influencing hiring intentions in the coming months.

Hiring intentions

Permanent workforce is set to grow: almost three-quarters of Swiss HR managers wish to hire new staff starting in the second half of 2022.
56% of Swiss companies plan to hire more temporary staff to support business growth starting in the second half of 2022.
Half of the respondents also rely on independent contractors who can provide support for current projects.

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would like to hire new employees permanently starting in the second half of 2022

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believe that finding new employees will be more difficult in 2023 compared with 2022

The challenge of finding new employees

Companies are focusing on digitalisation and transformation projects.
To be able to implement these projects successfully, they need qualified employees with the right soft skills.
HR managers expect the search for suitable employees to be more difficult in 2023 than before the pandemic.

Hire talent

Find your next job

This is how salary packages are evolving, say HR managers

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salaries based on personal/company performance

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support for private pension payments

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salaries based on length of service

Source

The study was conducted on behalf of Robert Half in June 2022. 150 managers with HR responsibility (general managers, CIOs, CFOs) in small (50–249 employees), medium-sized (250–499 employees) and large (500+ employees) companies in Switzerland were surveyed. The salary information is based on actual agreed salaries from several thousand successful placements. They are average values for Switzerland. The salaries refer to gross annual salaries without perks and benefits. Any male-only designations in this salary guide are for simplification and refer equally to members of all genders (f/m/x); full gender equality is assured.