Go Back   English Forum Switzerland > Living in Switzerland > Daily life  
Reply
 
Thread Tools Display Modes
  #1  
Old 04.09.2011, 16:31
Amanandhisdogs's Avatar
Member
 
Join Date: Oct 2009
Location: Central CH
Posts: 153
Groaned at 0 Times in 0 Posts
Thanked 59 Times in 44 Posts
Amanandhisdogs has no particular reputation at present
Challenging Swiss salaries

http://www.swissnews.ch/politics-new...-salaries.html

CHF12.50/hour or CHF12.7 million per year? Somewhere in between is considered a fair wage
Reply With Quote
  #2  
Old 04.09.2011, 16:35
Caviarchips's Avatar
Forum Legend
 
Join Date: May 2010
Location: Basel Stadt
Posts: 3,979
Groaned at 99 Times in 77 Posts
Thanked 6,677 Times in 2,388 Posts
Caviarchips has a reputation beyond reputeCaviarchips has a reputation beyond reputeCaviarchips has a reputation beyond reputeCaviarchips has a reputation beyond reputeCaviarchips has a reputation beyond reputeCaviarchips has a reputation beyond repute
Re: Challenging Swiss salaries

Cool......a thread about salaries.....its been AGES since we've had one of those
Reply With Quote
The following 9 users would like to thank Caviarchips for this useful post:
  #3  
Old 04.09.2011, 16:39
Amanandhisdogs's Avatar
Member
 
Join Date: Oct 2009
Location: Central CH
Posts: 153
Groaned at 0 Times in 0 Posts
Thanked 59 Times in 44 Posts
Amanandhisdogs has no particular reputation at present
Re: Challenging Swiss salaries

Always high in demand, or not?
Reply With Quote
  #4  
Old 04.09.2011, 18:03
cog's Avatar
cog cog is offline
Member
 
Join Date: Aug 2010
Location: Currently in Haiti
Posts: 136
Groaned at 1 Time in 1 Post
Thanked 27 Times in 15 Posts
cog has earned some respectcog has earned some respect
Re: Challenging Swiss salaries

i still can't grasp my head around the salaries of CEOs amounting to millions! wahhh!? the only CEO i know worth his pay (though not swiss) is Steve Jobs!
Reply With Quote
  #5  
Old 04.09.2011, 18:11
Guest
 
Posts: n/a
Re: Challenging Swiss salaries

I don't understand how the salaries paid to employees of private companies can possibly be any concern of the government.

Isn't that kind of thing entirely up to the market?
Reply With Quote
The following 6 users would like to thank for this useful post:
  #6  
Old 04.09.2011, 18:18
Forum Legend
 
Join Date: Oct 2009
Location: At home
Posts: 4,167
Groaned at 208 Times in 133 Posts
Thanked 6,403 Times in 2,719 Posts
Faltrad has a reputation beyond reputeFaltrad has a reputation beyond reputeFaltrad has a reputation beyond reputeFaltrad has a reputation beyond reputeFaltrad has a reputation beyond reputeFaltrad has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
Isn't that kind of thing entirely up to the market?
Only if the government let it be entirely up to the market...
Politicians can't controle the market economy, but they can make a couple of decisions about it if they see fit. Right or wrong is another debate, though.
Reply With Quote
  #7  
Old 04.09.2011, 18:51
dino's Avatar
Forum Veteran
 
Join Date: Feb 2006
Location: Zurich
Posts: 1,631
Groaned at 31 Times in 24 Posts
Thanked 1,279 Times in 628 Posts
dino has a reputation beyond reputedino has a reputation beyond reputedino has a reputation beyond reputedino has a reputation beyond reputedino has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
I don't understand how the salaries paid to employees of private companies can possibly be any concern of the government.

Isn't that kind of thing entirely up to the market?
I agree, it should be... except when companies are being bailed out with taxpayer dollars and the CEOs insist they are oh-so-clever that they deserve to be paid 25 million (essentially out of public funds).
Reply With Quote
This user would like to thank dino for this useful post:
  #8  
Old 04.09.2011, 18:58
colinwheeler's Avatar
Forum Veteran
 
Join Date: Sep 2010
Location: Gersau
Posts: 998
Groaned at 16 Times in 13 Posts
Thanked 872 Times in 440 Posts
colinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
View Post
i still can't grasp my head around the salaries of CEOs amounting to millions! wahhh!? the only CEO i know worth his pay (though not swiss) is Steve Jobs!
Very often CEO salaries are based on the increase of the profitability of a company during the time that they are there. If the profit increases 100 Million, quite often that CEO would get 10%.

Steve Jobs is not a CEO anymore. There are many great CEOs around. Gates, Ballmer, Ellison just to name a few as a counterpoint.

Quote:
View Post
I agree, it should be... except when companies are being bailed out with taxpayer dollars and the CEOs insist they are oh-so-clever that they deserve to be paid 25 million (essentially out of public funds).
I agree with this but the government has to stipulate that beforehand and then it is often difficult to get a good CEO that can lead the company out of trouble to do the job because they know they are not going to make any profit from it.
__________________
Living it up in Gersau.
Reply With Quote
  #9  
Old 04.09.2011, 19:02
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,952
Groaned at 295 Times in 199 Posts
Thanked 19,019 Times in 8,000 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Challenging Swiss salaries

maybe they can kick out everyone earning less than 4000chfs a month and give them L permits instead.
Reply With Quote
  #10  
Old 04.09.2011, 19:11
poptart's Avatar
Forum Veteran
 
Join Date: May 2011
Location: Boston
Posts: 1,785
Groaned at 33 Times in 28 Posts
Thanked 3,013 Times in 1,242 Posts
poptart has a reputation beyond reputepoptart has a reputation beyond reputepoptart has a reputation beyond reputepoptart has a reputation beyond reputepoptart has a reputation beyond reputepoptart has a reputation beyond repute
Re: Challenging Swiss salaries

I guess this sort of torpedoes the usual argument that the reason the prices of groceries are so high is due to the big fat salary those folks at Migros and COOP are pulling down....

Also, Steve Job's salary was only $1 per year.
Reply With Quote
This user would like to thank poptart for this useful post:
  #11  
Old 04.09.2011, 19:12
colinwheeler's Avatar
Forum Veteran
 
Join Date: Sep 2010
Location: Gersau
Posts: 998
Groaned at 16 Times in 13 Posts
Thanked 872 Times in 440 Posts
colinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond reputecolinwheeler has a reputation beyond repute
Re: Challenging Swiss salaries

Yes, but perhaps you don't want to mention the other parts of his package...
Reply With Quote
  #12  
Old 04.09.2011, 19:13
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,952
Groaned at 295 Times in 199 Posts
Thanked 19,019 Times in 8,000 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
View Post
Yes, but perhaps you don't want to mention the other parts of his package...
fnarr, fnarr.
Reply With Quote
  #13  
Old 04.09.2011, 19:38
KeinFranzösisch's Avatar
Forum Veteran
 
Join Date: Dec 2010
Location: Washington, DC
Posts: 2,198
Groaned at 63 Times in 38 Posts
Thanked 2,549 Times in 1,115 Posts
KeinFranzösisch has a reputation beyond reputeKeinFranzösisch has a reputation beyond reputeKeinFranzösisch has a reputation beyond reputeKeinFranzösisch has a reputation beyond reputeKeinFranzösisch has a reputation beyond reputeKeinFranzösisch has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
View Post

Also, Steve Job's salary was only $1 per year.
which is why he paid virtually no taxes on his other income. It was a straw man salary.

Hey, lookie me! I'm only earning $1 per year because I'm so selfless and wonderful!!! ($$ca-ching$$, $$ca-ching$$, $$ca-ching$$)
Reply With Quote
This user would like to thank KeinFranzösisch for this useful post:
  #14  
Old 04.09.2011, 19:48
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
View Post
which is why he paid virtually no taxes on his other income. It was a straw man salary.

Hey, lookie me! I'm only earning $1 per year because I'm so selfless and wonderful!!! ($$ca-ching$$, $$ca-ching$$, $$ca-ching$$)
I know an ex Goldman Sachs partner who went on Tax Strike in the UK, he gave 105% of his income to charity for 5 years. He gave the extra 5% just in case they challenged any figures, he did not want to give them a penny.
Reply With Quote
  #15  
Old 04.09.2011, 20:04
Deep Purple's Avatar
Forum Legend
 
Join Date: Dec 2007
Location: England
Posts: 5,273
Groaned at 15 Times in 14 Posts
Thanked 5,284 Times in 2,568 Posts
Deep Purple has a reputation beyond reputeDeep Purple has a reputation beyond reputeDeep Purple has a reputation beyond reputeDeep Purple has a reputation beyond reputeDeep Purple has a reputation beyond reputeDeep Purple has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
View Post
Cool......a thread about salaries.....its been AGES since we've had one of those
I think that just about every 'salary thread' so far has been along the lines of 'Can I survive on this six-figure salary?'. I suspect that many of these should really read 'Look at the salary I have just got - losers!'.

I don't recall having seen a thread along the lines of 'How am I expected to survive on 12.50fr/hour?'

There often seems to be criticism of company bosses with very high salaries based on their company's profits, yet nobody seems bothered about the super-rich celebrities or sports people. Strange world isn't it?
__________________
"I'll say I can't tell you when, But if my spirit is strong, I know it can't be long, No questions I'm not alone, Somehow I'll find my way home" Rod
Reply With Quote
The following 4 users would like to thank Deep Purple for this useful post:
  #16  
Old 04.09.2011, 20:10
Guest
 
Posts: n/a
Re: Challenging Swiss salaries

Quote:
View Post
There often seems to be criticism of company bosses with very high salaries based on their company's profits, yet nobody seems bothered about the super-rich celebrities or sports people.
... or, for that matter, people who get paid 120+k to spend all day on the English Forum...
Reply With Quote
The following 2 users would like to thank for this useful post:
  #17  
Old 04.09.2011, 20:41
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,952
Groaned at 295 Times in 199 Posts
Thanked 19,019 Times in 8,000 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Challenging Swiss salaries

Quote:
View Post
I know an ex Goldman Sachs partner who went on Tax Strike in the UK, he gave 105% of his income to charity for 5 years. He gave the extra 5% just in case they challenged any figures, he did not want to give them a penny.
one of my clients was like that. except that he gave the money to me to find tax breaks for him. gotta love a client who is happy even to pay you 100 instead of the taxman 100.
Reply With Quote
  #18  
Old 04.09.2011, 20:51
Amanandhisdogs's Avatar
Member
 
Join Date: Oct 2009
Location: Central CH
Posts: 153
Groaned at 0 Times in 0 Posts
Thanked 59 Times in 44 Posts
Amanandhisdogs has no particular reputation at present
Re: Challenging Swiss salaries

Quote:
View Post
I know an ex Goldman Sachs partner who went on Tax Strike in the UK, he gave 105% of his income to charity for 5 years. He gave the extra 5% just in case they challenged any figures, he did not want to give them a penny.
I'm going to change my name into "Charity"!
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Swiss salaries Angelpop Employment 227 11.02.2013 23:17
Comparing UK and Swiss Salaries rromero95 Employment 30 30.09.2012 09:34
Swiss salaries BoZz Daily life 3 08.01.2010 03:33
Swiss versus British salaries Treverus Employment 5 08.07.2009 00:13


All times are GMT +2. The time now is 12:14.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0