Recent news
Latest items of recent news relevant to Switzerland as reported in our fortnightly newswire ‘Dernières nouvelles’.
Switzerland: Revised Code of Corporate Governance ‘Best Practice’
The organisation economiesuisse (www …
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Switzerland: Immigration quotas for 2023
The Federal Council has kept quotas for non EU/EEA citizens the same this year as in 2022 – with 4,500 long-term permits (type B) and 4,000 short-term permits (type L) …
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Switzerland: Compensation for unfair dismissal could be exempt from income tax
A taxpayer was dismissed in 2016 and released from her obligation to work until the end of her notice period …
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Switzerland: Unlawful exchange of data about employee salaries
The Swiss Competition Commission is investigating the actions of 34 banks across the German-speaking Cantons which appear to have shared data about employee salaries – contrary to the Cartel Act …
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Switzerland: Inflation stable in October 2022
Annual consumer price inflation remains far below that experienced by any other European Country …
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Switzerland: Geneva to raise its minimum wage in 2023
With effect from 1st January 2023, the minimum wage in Geneva will be increased from CHF 23 …
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Switzerland: Inflation-proofed salaries for Zurich airport ground handlers
The type of deal that no employer should contemplate in current spiraling and uncertain circumstances is wage indexation …
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Switzerland: Annual human rights reporting requirements
HR Principals should ensure that their company is meeting annual human rights reporting requirements by the end of this year …
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Switzerland: Women’s retirement age to be voted on once more
The Swiss will vote on 25th September 2022 in a referendum on the reform package “Pensions 21” …
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Switzerland: Two-weeks adoption leave
A federal right to two-weeks adoption leave is likely to come into force on 1st January next year …
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Switzerland: New cross-border double taxation agreement between Switzerland and Italy
A new double taxation agreement will, if ratified, come into force for frontier workers next January …
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Switzerland: Swiss trade union demands shorter work week
The country’s largest trade union “Unia” has developed a campaign to press for lower working hours, with protection for lower paid workers …
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Switzerland: Croatian workers eligible to full free movement rights in 2022
Croatian nationals will achieve full freedom of movement rights across Swiss borders in line with other EU workers with effect from 1st January 2022 …
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Switzerland: Credit Suisse observation activities – FINMA identifies serious breaches of supervisory law
The financial regulator Finma has continued to adversely comment on a case of executive surveillance that began five years ago …
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Switzerland: New social security treaty approved by Federal Council
The Swiss Federal Council has now approved a new social security agreement with the UK …
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