Switzerland has one of the world’s highest per capita GDPs, a highly skilled labour force and a modern market economy with low unemployment. Its economy is ranked 1st in the world in the 2015 Global Innovation Index and 3rd in the world in the 2020 Global Competitiveness Report. The Switzerland economy is diversified and it relies a lot on financial services, precision manufacturing, metals, pharmaceuticals, chemicals and electronics. Its economic prowess and stability makes it a popular choice for foreign businesses to invest in.
Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Switzerland. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.
Global payroll solutions make it easy to find and hire top talent in Switzerland. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.
Switzerland’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.
Swiss employment law provides strong protections for workers. Salaries in Switzerland are also among the highest in the world. Employers looking to hire in Switzerland must be prepared to abide by the rules and regulations defining the standards of working conditions as well as pay a premium amount.
Globelise will be able to help you navigate through the employment process and so that you will be able to offer a competitive and compliance offer to attract and retain your employees in Switzerland.
The Swiss Federation of Trade Unions is Switzerland’s largest employees’ organisation; it is the umbrella body for 16 other trade unions in the country. Travail Suisse is another smaller umbrella trade union body in Switzerland. Trade unions in Switzerland protect and enshrine the rights of the employees as well as organise industrial actions such as strikes when the employers have violated the rights of the employees.
Generally, probation in Spain lasts from 1 to 3 months.
Company or Individuals who are looking to hire talents and run payroll globally
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