unions on inflation
Apprenticeship graduates should receive a minimum salary of CHF 5,000
Rising costs everywhere – a premium shock will follow in 2023. The Swiss trade union confederation therefore demands higher minimum wages. For both graduates and career changers.
Apprenticeship graduates should earn more in Switzerland. (archive image)
High inflation, rising energy costs and now comes the health insurance premium shock. Although wages are also rising, the Swiss have less and less money to live on. Not enough, as the Swiss Trade Union Confederation (SGB) found.
Rising costs would put pressure on the wallets especially of people from the lower and middle income groups. And that includes more and more as low-wage jobs increase again.
Bonuses are the last straw
The problem is likely to worsen next year: health insurance premiums will increase by an average of 6.6 percent. In 2023, a normally earning family with two children will pay more than 1,000 francs per month for health insurance for the first time. The SGB therefore demands an increase in premium discounts. In addition to insurance premiums and energy prices, rents are also rising.
The SGB therefore demands that no one earns less than 4,500 francs a month. Anyone who has completed the apprenticeship should receive at least 5,000 francs a month. It also needs an inflation adjustment and an increase in real wages.
The minimum wage in Switzerland is currently around 4000 CHF. However, this varies widely from industry to industry.
Wages are growing less than inflation
According to a UBS survey, wages will increase by an average of 2.2 percent in 2023. The Swiss employers’ association finds this wage increase “respectable” against the backdrop of challenges facing companies – such as supply bottlenecks and rising costs.
The SGB is also partially satisfied with the drop in wages: the unions have so far achieved a significant part of the goals in the 2022/23 wage round. Until now, most wage agreements included adjustments for inflation and, in some cases, real wage increases.
However, wages are growing less than inflation. At the beginning of the year, it should be over three percent. Purchasing power continues to decline.
Purchasing power has already fallen this year. According to the employers’ association, workers have benefited from negative inflation and higher real wages in recent years.