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  #21  
Old 07.11.2018, 00:01
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Re: Job market status

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I second you as I am still getting BS replies from interesting job offers, like I am overqualified for the position or I don't have experience in something so basic as for example holding up a pen - just joking, but I mean very basic things which anyone could learn in a week. The job market is definitely not a good yet.

A lot of this you will find is that employers have already found their ideal candidate, who is a foreigner without a visa and in order to get the visa they have to show they have made an effort to find somebody here, with a permit.


By giving BS answers, they build up a dossier showing they have tried and unfortunately nobody was suitable so they just have to employ a foreigner.
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  #22  
Old 07.11.2018, 12:02
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Re: Job market status

If you got a reply that your are "too senior" for a position then it actually means that you are too old and too expensive.
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  #23  
Old 07.11.2018, 13:02
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Re: Job market status

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If you got a reply that your are "too senior" for a position then it actually means that you are too old and too expensive.
Nothing new There's still lots of companies looking for experienced engineers willing to work for 70 to 90k. I don't judge anyone but for me it's very low compared with other options. I can easily get 70 to 90k € in Germany, Netherlands, the UK, where the cost of living is much lower.
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  #24  
Old 07.11.2018, 13:46
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Re: Job market status

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If you got a reply that your are "too senior" for a position then it actually means that you are too old and too expensive.
Or rather that the company doesn´t want to pay for the expertise people bring with them
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  #25  
Old 07.11.2018, 20:42
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Re: Job market status

Hey guys, I spent some time reading this report (also available in DE and FR):

https://www.bfs.admin.ch/bfs/it/home...l.6146734.html

The conclusion: today is the best time to find a job since 2008.

Plus, the Swiss central bank just confirmed that the economy is expanding and more job creation is predicted:

https://www.swissinfo.ch/eng/gross-d...bound/44449854

So, let's not drop the ball, have confidence and good luck on your job search.
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Old 07.11.2018, 20:42
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Re: Job market status

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Or rather that the company doesn´t want to pay for the expertise people bring with them
Or the company simple doesn't need that expertise?
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  #27  
Old 07.11.2018, 20:44
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Re: Job market status

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Nothing new There's still lots of companies looking for experienced engineers willing to work for 70 to 90k. I don't judge anyone but for me it's very low compared with other options. I can easily get 70 to 90k € in Germany, Netherlands, the UK, where the cost of living is much lower.
Perhaps the supply of engineers in Switzerland is high at the moment?
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  #28  
Old 08.11.2018, 09:37
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Re: Job market status

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Perhaps the supply of engineers in Switzerland is high at the moment?

Maybe they are not needed here anymore, alone Credit Suisse employs 8'000 computer scientists in India, in 16 different locations!



https://insideparadeplatz.ch/2017/11...n-it-fabriken/
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  #29  
Old 30.11.2018, 17:58
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Re: Job market status

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Maybe they are not needed here anymore, alone Credit Suisse employs 8'000 computer scientists in India, in 16 different locations!



https://insideparadeplatz.ch/2017/11...n-it-fabriken/
I believe that it's a wonderful thing that people in developing countries are being benefited by the wealth produced in the rich countries.
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  #30  
Old 30.11.2018, 19:02
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Re: Job market status

I just lost my job.
My “bereich” is investment management / portfolio management.
Anyone knowing if this job market is stuck at the moment?
I fear it is not that great.
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  #31  
Old 30.11.2018, 20:42
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Re: Job market status

Use transferable skillz
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  #32  
Old 03.12.2018, 01:13
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Re: Job market status

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I just lost my job.
My “bereich” is investment management / portfolio management.
Anyone knowing if this job market is stuck at the moment?
I fear it is not that great.
I was speaking with someone at Julias Baer and he said that the introduction of “Robo Advisor” is chipping away at his business. So I don’t know what you make of that.
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  #33  
Old 03.12.2018, 01:22
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Re: Job market status

I have spoken to a lot of professionals and the recent trend in moving finance centres away from Switzerland to The Netherlands and UK was the result of OECD bullying Switzerland into submission where they are no longer allowed to offer special tax deals to foreign companies.

The result of the above has put an immediate stop to companies locating themselves in Switzerland, and the ones are already here are relocating to a lower tax jurisdiction, and the best scenarios from that is that those companies already here are scaling back their operations.

However, it doesn’t help that the Swiss public rejected an alternative tax reform, which means a lot of uncertainties, and tax departments of companies tend to plan for 5 to 10 years and avoid uncertainties at all costs. So there you have it, and CH is no longer considered as a tax haven.

There may be a glimmer of hope in 2019, as the Swiss gov is bringing in another tax reform, which I hope passes the referendum.
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  #34  
Old 03.12.2018, 15:19
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Re: Job market status

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I have spoken to a lot of professionals and the recent trend in moving finance centres away from Switzerland to The Netherlands and UK was the result of OECD bullying Switzerland into submission where they are no longer allowed to offer special tax deals to foreign companies.

The result of the above has put an immediate stop to companies locating themselves in Switzerland, and the ones are already here are relocating to a lower tax jurisdiction, and the best scenarios from that is that those companies already here are scaling back their operations.

However, it doesn’t help that the Swiss public rejected an alternative tax reform, which means a lot of uncertainties, and tax departments of companies tend to plan for 5 to 10 years and avoid uncertainties at all costs. So there you have it, and CH is no longer considered as a tax haven.

There may be a glimmer of hope in 2019, as the Swiss gov is bringing in another tax reform, which I hope passes the referendum.
I don't get it. Some cantons such as Zug still have very low taxes and continue to negotiate tax deals. I believe it's not difficult for a company in Geneva, for example, to move it's fiscal address to Zug and continue to operate its Genevan office as usual.

Still, the job market doing at its best since 2008, so I don't think we have reasons to be alarmist.
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  #35  
Old 20.12.2018, 18:35
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Re: Job market status

Today's Blick, relying on Michael Page Swiss Job Index data, says that the number of publicized jobs in CH has increased by 18.9% from December 2017 to December 2018:

https://www.blick.ch/news/wirtschaft...d15080841.html
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  #36  
Old 20.12.2018, 19:10
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Re: Job market status

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Hi everyone,

Given the diversity of people present on this forum, i would like to tap into the knowledge of each of you to get a better understanding of how the job market is evolving across cities/sectors.

There is no particular end to the conversion, just plain curiosity. Feel free to share your personal experience, anecdotes etc.

I start myself: I work in Geneva in a big multinational in the beauty/retail sector. It recently went through a massive round of layoffs, the mood is not particularly great and the business is not growing. Salaries are pretty much flat

I also see empty office spaces that struggle to find new companies (>1year on the market), so it got me thinking that Geneva is not as attractive as in the past.
For this kind of broad-scale, insider enquiry, you might be interested in the standard insider link to the finance world (but often covers other industries):

https://insideparadeplatz.ch/
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  #37  
Old 21.12.2018, 01:48
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Re: Job market status

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Today's Blick, relying on Michael Page Swiss Job Index data, says that the number of publicized jobs in CH has increased by 18.9% from December 2017 to December 2018:

https://www.blick.ch/news/wirtschaft...d15080841.html
Not sure if it's to raise an alarm, but unemployment grew from 2.4% to 2.5% in the last quarter.
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  #38  
Old 21.12.2018, 02:36
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Re: Job market status

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Today's Blick, relying on Michael Page Swiss Job Index data, says that the number of publicized jobs in CH has increased by 18.9% from December 2017 to December 2018:

https://www.blick.ch/news/wirtschaft...d15080841.html

It's also worth noting that 70% of all job openings in Switzerland are never advertised (German):


https://awa.zh.ch/content/dam/volksw...4-2017_4-6.pdf


This shows how important it is for job-seekers to build a network and stay in contact with ex-colleagues and others who might know of job openings.
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  #39  
Old 23.12.2018, 23:39
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Re: Job market status

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It's also worth noting that 70% of all job openings in Switzerland are never advertised (German):


https://awa.zh.ch/content/dam/volksw...4-2017_4-6.pdf


This shows how important it is for job-seekers to build a network and stay in contact with ex-colleagues and others who might know of job openings.
well, so far my experience was not so nice... forwarded CV's of three friends to line managers at my company and they never even shortlisted them (CV's were good).
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