ON
← Back to feed
UBS Salary Survey – Swiss salaries are expected to rise only slightly by 2027
CH📈 EconomyProgressiveOverlooked by conservatives

UBS Salary Survey – Swiss salaries are expected to rise only slightly by 2027

A survey conducted by UBS among approximately 400 Swiss companies indicates that average wage increases in Switzerland are projected to be modest in 2027, averaging just 1.0 percent. With expected inflation at 0.8 percent, this translates to a real wage growth of only 0.2 percent. Although confidence has risen across various sectors, the labor market outlook remains cautious due to low inflation expectations and conservative staffing plans. The energy and utilities sector anticipates the highest raises at 1.5 percent, while retail and watchmaking plan for lower increases between 0.7 and 0.8 percent. UBS economists attribute the restrained wage development to careful corporate planning despite improved economic prospects, alongside a forecasted GDP growth of 1.5 percent.

3 reports

Le Temps logoLe TempsIndependent🔒Center
Swiss companies are forecasting a 1% increase in salaries for 2027, while uncertainty remains regarding inflation

Swiss companies anticipate average salary increases of 1 percent for 2027, according to an annual survey conducted by UBS Global Wealth Management. This projected rise is slightly lower than the 1.1 percent increase planned for 2026. The survey was carried out between September 7 and 30, involving 395 companies along with employer and employee associations across 22 sectors that represent the majority of Switzerland's active workforce. The findings were presented to the press on Tuesday, highlighting current economic uncertainties regarding inflation.

Bias read (Center): The article presents dry statistical data from a financial institution without using loaded language, taking sides, or omitting relevant economic context.

SRF News logoSRF NewsState / PublicCenter
UBS Salary Survey – Swiss salaries are expected to rise only slightly by 2027

A survey conducted by UBS among approximately 400 Swiss companies indicates that average wage increases in Switzerland are projected to be modest in 2027, averaging just 1.0 percent. With expected inflation at 0.8 percent, this translates to a real wage growth of only 0.2 percent. Although confidence has risen across various sectors, the labor market outlook remains cautious due to low inflation expectations and conservative staffing plans. The energy and utilities sector anticipates the highest raises at 1.5 percent, while retail and watchmaking plan for lower increases between 0.7 and 0.8 percent. UBS economists attribute the restrained wage development to careful corporate planning despite improved economic prospects, alongside a forecasted GDP growth of 1.5 percent.

Bias read (Center): The report relies exclusively on data from a private bank survey and uses neutral financial terminology without injecting ideological commentary or partisan framing.

Blick logoBlickIndependentProgressive
Next year, Swiss employees will once again only receive minimal wage increases

Swiss employees face another round of minimal wage increases in 2027, according to a new survey by UBS involving nearly 400 companies. The average planned nominal wage increase is 1 percent, down from 1.1 percent this year, resulting in a real wage gain of just 0.2 percent after adjusting for inflation. This figure is lower than both the long-term average and the expected real growth for 2026. The energy and utilities sector plans the highest increases at 1.5 percent, attributed partly to significant profits generated during the Iran conflict, while the chemical, pharmaceutical, and metal industries anticipate 1.2 percent raises.

Bias read (Progressive): The headline uses emotionally charged terms like 'Mini' and 'disappointment,' and the body frames low wages as 'bitter' and 'meager,' emphasizing worker dissatisfaction over corporate profit motives.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories