Swiss wages recovered in 2024 after two years of decline caused by inflation and global crises, the FSO said on Tuesday.

The office also highlighted significant pay gaps between sectors. Wages are higher in industries with high added value, while retail, hospitality and personal services remain at the lower end.

The gender pay gap is narrowing, FSO figures show. It was 8.4% in 2024, down from 9.5% in 2022. But major differences remain when it comes to bonuses: men received an average of CHF15,000 a year, compared with less than CHF7,500 for women.

Translated from French with DeepL/sp

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