In Switzerland, are likely to increase wages in the coming year, on average, easily. The big Bank on the Basis of the 335 companies surveyed expect 2020 to be the nominal wages by 0.8 per cent higher. The largest increases in the chemical and pharmaceutical industry.

it should Generally be assumed that, given the economic slowdown, wage increases in the next year to be as high as in previous years, said UBS on Wednesday.

In the current year, it should be expected with an average nominal wage adjustment of 0.9 percent to the top. In Real terms, i.e. net of inflation of 0.4 percent, according to UBS this year, 0.5 percent more in your wallet.

Lower real wage increase than in previous years,

With a view to the individual industries, the Bank, in the current year in all industries with a real wage increase expected holds firmly in place. A somewhat different picture is apparent but due to the slight increase in Inflation and lower nominal wage increases for 2020. Then the real wage should increases again somewhat lower, and in some industries even decline.

For the next year should be according to the UBS salary survey, with an average nominal wage growth of 0.8 percent and a slightly higher inflation rate of 0.5 percent expected. Finally, to give wage-earners, according to the big Bank, so with a slightly weaker real wage increase of 0.3 per cent satisfied.

For the automotive, electric and metal industry expects UBS, for example, with a real zero. Even worse, it may be successful employees in the tourism industry. Here, the Salaries are likely to receive only 0.3 percent more money. This inflation is eating away, however, so that the workers suffer a loss in purchasing power of 0.2 percent.

by Contrast, are likely to assume that employees in the chemical and pharmaceutical industry with a Plus of 1.1 percent next year, from the strongest nominal Wage growth in all industries. Net of inflation, an increase of 0.6 percent remains so.

in General, it is important to take into account, however, that the Situation was since 2009, over several years. “Due to the deep, often negative inflation over several years, could look forward to the workers in the years 2009 to 2016, the highest average real wage growth over the past 30 years,” writes the UBS to do so. (ij/sda)

Created: 30.10.2019, 10:03 PM