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Europe’s best cost-benefit ratio for labor
Long working hours, high productivity, a strong
work ethic and non-wage costs which are low compared with other
countries result in a good cost-benefit ratio
for employers. The comparatively high wages reflect the
outstanding productivity of workers and the high buying power of
the Swiss franc.
Non-wage costs and social insurance contributions in the Greater
Zurich Area are low compared with other countries. The
limited-profit social insurance system is clearly structured and
efficient, and old-age provisions, disability, health and
out-of-work insurance are very well established in an
international comparison.
Wage costs and social contributions
Productivity and worker motivation
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