Go Back   English Forum Switzerland > Help & tips > Employment  
Reply
 
Thread Tools Display Modes
  #1  
Old 26.11.2008, 15:35
Newbie
 
Join Date: Nov 2008
Location: Zurich
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
Gimli001 has no particular reputation at present
Salary level Zurich area

Dear all,

Firstly I would like to thank all of you for a very informative forum. I have been using it as a source of information.

I am about to sign a contract with Swiss company and would like your view on
the financial aspect of the contract.

Background information:

I am married and have one child age 6.

The family will need to rent a house in the Zurich area (30 km radius of Zurich).

My son will attend an international school in Zurich

We will need two lease cars (one family size and one smaller)

I have been offered an annual salary of 277.000 CHF and would like your view on this package.

Will it allow me and my family to live a comfortable life in Switzerland from a financial perspective?

Thanks for your answers.
Reply With Quote
  #2  
Old 26.11.2008, 15:38
möpp's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: Zurich
Posts: 1,201
Groaned at 2 Times in 2 Posts
Thanked 1,079 Times in 547 Posts
möpp has a reputation beyond reputemöpp has a reputation beyond reputemöpp has a reputation beyond reputemöpp has a reputation beyond repute
Re: Salary level Zurich area

Hi Gimli and welcome to Zurich! IMO your salary will be more than enough to be able to lead a comfortable life
Reply With Quote
  #3  
Old 26.11.2008, 15:45
bettyboo55's Avatar
Junior Member
 
Join Date: Aug 2008
Location: zurich
Posts: 38
Groaned at 0 Times in 0 Posts
Thanked 8 Times in 8 Posts
bettyboo55 has no particular reputation at present
Re: Salary level Zurich area

Who is paying the school fees? I believe these are very expensive, but if the company pays then that won't matter. You may find that you don't need 2 cars however, as public transport very efficient
Reply With Quote
  #4  
Old 26.11.2008, 15:54
linthal's Avatar
Newbie 1st class
 
Join Date: Jul 2008
Location: Kanton Zürich
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
linthal has no particular reputation at present
Re: Salary level Zurich area

Your salary sounds reasonable under swiss standards. Can you get the normal pre-crisis American standard of living out of that? Possibly no. But what is my definition of the american standard of living? It is owning a single family home, 2 cars in a 2 car garage, having your own yard, eating meat every day, sending your children to public school. I had all that before moving to Switzerland (except for the public school part because I have no kids).

I do not think alot of swiss eat meat everyday, own 2 cars, have their own yard, own their own house (not enough land in Switzerland for everyone to own a house.)

But I do not think the swiss are financially poor people. I do not sense any suffering on their part. They have a different life style in America. Right now I do not have car and home ownership and I feel very free. I do not miss the home and car ownership. I got tired of being ripped off by auto mechanics in snooty, prosperous American towns. Home ownership (before the financial meltdown) was a myth in America.

If people can tell you: you cannot have this kind of tree, you cannot plant too many flowers in your yard, you cannot hang laundry in your yard, you cannot have a garage sale in your own yard on your own time and schedule etc. You do not own the house. You just own the license to live there.

You will be alot happier if you do not compare yourself to the American counterpart. I notice you from Denmark. I do not know enough about Denmark and their standard of living. So that is why I went on and on about the american standard of living and not the danish standard of living.
Reply With Quote
  #5  
Old 26.11.2008, 15:55
Newbie
 
Join Date: Nov 2008
Location: Zurich
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
Gimli001 has no particular reputation at present
Re: Salary level Zurich area

We will be paying the school fees ourselves (24.000 CHF/year)
Reply With Quote
  #6  
Old 26.11.2008, 15:59
Ebony's Avatar
Member
 
Join Date: Jun 2007
Location: Zurich
Posts: 244
Groaned at 83 Times in 17 Posts
Thanked 131 Times in 70 Posts
Ebony is considered unworthyEbony is considered unworthyEbony is considered unworthyEbony is considered unworthy
Re: Salary level Zurich area

Medical insurance is quite expensive here. I would go for private (around CHF 600-1000 a month per person) or semi private (around CHF 350-500 a month per person). And then if you've got kiddies you need to take out a dental insurance and one for glasses/contact lenses. Am not sure how much that costs but you can take a look at this website www.comparis.ch (Its in English as well).
Reply With Quote
  #7  
Old 26.11.2008, 16:02
möpp's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: Zurich
Posts: 1,201
Groaned at 2 Times in 2 Posts
Thanked 1,079 Times in 547 Posts
möpp has a reputation beyond reputemöpp has a reputation beyond reputemöpp has a reputation beyond reputemöpp has a reputation beyond repute
Re: Salary level Zurich area

[quote=bettyboo55;355953]Who is paying the school fees? I believe these are very expensive, but if the company pays then that won't matter. /quote]
Good point - but, on the other hand - Gimili says that the child is only 6 years old. It may be worthwhile checking on local primary schools, which are generally excellent, and which will also help your child settle in and learn the language much faster.
As to the necessity for 2 cars - not an absolute must, depending on where you find a house. But, if your wife has been used to quite an active social or professional life, she may find it a bit stifling to have to wait for a bus which comes once an hour or so (if you don't live near to a station/tram).
Obviously, the more the company pays for, the better, but all in all, 277K is an excellent salary.
Reply With Quote
  #8  
Old 26.11.2008, 16:03
bettyboo55's Avatar
Junior Member
 
Join Date: Aug 2008
Location: zurich
Posts: 38
Groaned at 0 Times in 0 Posts
Thanked 8 Times in 8 Posts
bettyboo55 has no particular reputation at present
Re: Salary level Zurich area

Quote:
View Post
We will be paying the school fees ourselves (24.000 CHF/year)
I would say you would be fine then, we live well on a similar amount and have money left over (no kids though).
Reply With Quote
  #9  
Old 26.11.2008, 16:03
Jekyll's Avatar
Forum Veteran
 
Join Date: Feb 2007
Location: Aargau
Posts: 886
Groaned at 35 Times in 26 Posts
Thanked 1,180 Times in 475 Posts
Jekyll has a reputation beyond reputeJekyll has a reputation beyond reputeJekyll has a reputation beyond reputeJekyll has a reputation beyond reputeJekyll has a reputation beyond reputeJekyll has a reputation beyond repute
Re: Salary level Zurich area

After deducting school fees from your salary, you will be earning more than 2.5 times the average household income.

I think that you'll survive.
Reply With Quote
The following 6 users would like to thank Jekyll for this useful post:
  #10  
Old 26.11.2008, 16:06
Junior Member
 
Join Date: Jun 2008
Location: Montreux
Posts: 99
Groaned at 0 Times in 0 Posts
Thanked 35 Times in 26 Posts
renmaris has no particular reputation at present
Re: Salary level Zurich area

Without more information this is a very good salary; for more perspective you would need to give details on what you will do and for who. Why is it necessary to send the children to a private school? The Swiss schools are very good and the children will learn a new language. If the children are already in High School (over 12 years of age) or if you will be here for a short time, then it is more understandable.
Leasing cars here is generally expensive; if you can live with one car and public transport you will save a lot.
Reply With Quote
  #11  
Old 26.11.2008, 16:12
Newbie
 
Join Date: Nov 2008
Location: Zurich
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
Gimli001 has no particular reputation at present
Re: Salary level Zurich area

I will be working with procurement for a large Swiss retailer located in Zurich.

We are moving to Switzerland from the Netherlands and before then we lived in Sweden.

In order not to confuse our son more than we need with the so far frequent moving between countries an international school will make future moves more smooth for him.

I have also heard that the Swiss schools are very disiplined and that would be a very hard transsion for him coming from the Dutch schooling system.

Thanks for answers and help so far to everybody.
Reply With Quote
  #12  
Old 26.11.2008, 16:14
Lex's Avatar
Lex Lex is offline
Senior Member
 
Join Date: Feb 2007
Location: Zug
Posts: 314
Groaned at 8 Times in 7 Posts
Thanked 257 Times in 138 Posts
Lex has a reputation beyond reputeLex has a reputation beyond reputeLex has a reputation beyond reputeLex has a reputation beyond repute
Re: Salary level Zurich area

just interested to know, is there somewhere in the 'world' where you couldnt survive or live comfortably on that?
Reply With Quote
This user would like to thank Lex for this useful post:
  #13  
Old 26.11.2008, 16:19
möpp's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: Zurich
Posts: 1,201
Groaned at 2 Times in 2 Posts
Thanked 1,079 Times in 547 Posts
möpp has a reputation beyond reputemöpp has a reputation beyond reputemöpp has a reputation beyond reputemöpp has a reputation beyond repute
Re: Salary level Zurich area

Try to break down living expenses:
- tax 25% = 69K = leaves you with 207K
- school 24K = leaves you with 183K
- rent for house/flat 4K per month = leaves you with 135K
- insurance average 750/month = leaves you with 126K
- 2 car leasing 1400/month = leaves you with 109K
- family expenditure for food/household 2000/month = leaves you with 85K

I don't know whether those assumptions are 100% accurate for you, but even if they're not, you can see that with that type of salary you've got enough reserve for the other necessities. I'm no financial wizz, but there are certainly many many Swiss families who live comfortably for considerably less.
Reply With Quote
  #14  
Old 26.11.2008, 16:20
hugh_abu's Avatar
Forum Veteran
 
Join Date: Feb 2007
Location: Zurich
Posts: 830
Groaned at 53 Times in 35 Posts
Thanked 459 Times in 261 Posts
hugh_abu has an excellent reputationhugh_abu has an excellent reputationhugh_abu has an excellent reputationhugh_abu has an excellent reputation
Re: Salary level Zurich area

International school only makes sense if your plan is to move continuously for the next 10 years.

If you are gonna be here for a while then allow him to integrate and avoid being the weird kid that has a stupid accent and no local mates.
Reply With Quote
The following 6 users would like to thank hugh_abu for this useful post:
  #15  
Old 26.11.2008, 16:37
Smitty's Avatar
Senior Member
 
Join Date: Nov 2007
Location: UK
Posts: 312
Groaned at 3 Times in 2 Posts
Thanked 187 Times in 107 Posts
Smitty is considered knowledgeableSmitty is considered knowledgeableSmitty is considered knowledgeable
Re: Salary level Zurich area

Quote:
View Post
I have been offered an annual salary of 277.000 CHF and would like your view on this package.

Will it allow me and my family to live a comfortable life in Switzerland from a financial perspective?
EASILY. Nuff said.
Reply With Quote
  #16  
Old 26.11.2008, 16:53
aki's Avatar
aki aki is offline
Forum Veteran
 
Join Date: Jun 2008
Location: Zurich
Posts: 624
Groaned at 65 Times in 16 Posts
Thanked 202 Times in 128 Posts
aki has slipped a little
Re: Salary level Zurich area

Do your child a big favor and put him in an intl school. We had our three children in intl school and was the best decision we made.
No matter how many people tell you how good Swiss schools are, I am speaking from experience...stay away from Swiss schools. Your child will suffer....
Reply With Quote
The following 3 users would like to thank aki for this useful post:
The following 3 users groan at aki for this post:
  #17  
Old 26.11.2008, 16:55
Forum Legend
 
Join Date: Feb 2008
Location: Zurich
Posts: 3,469
Groaned at 17 Times in 15 Posts
Thanked 1,994 Times in 1,187 Posts
CH_Me has a reputation beyond reputeCH_Me has a reputation beyond reputeCH_Me has a reputation beyond reputeCH_Me has a reputation beyond repute
Re: Salary level Zurich area

Quote:
View Post
Do your child a big favor and put him in an intl school. We had our three children in intl school and was the best decision we made.
No matter how many people tell you how good Swiss schools are, I am speaking from experience...stay away from Swiss schools. Your child will suffer....
Why exactly would their child suffer in a Swiss school? Reasons please.
Reply With Quote
  #18  
Old 26.11.2008, 16:56
Newbie
 
Join Date: Nov 2008
Location: Zurich
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
Gimli001 has no particular reputation at present
Re: Salary level Zurich area

We have already made the decision concerning the international school and I sure it will be a good investment for juniors well being.

So far we have lived in four different countries and most probably Switzerland will not be the last one.
Reply With Quote
  #19  
Old 26.11.2008, 17:01
aki's Avatar
aki aki is offline
Forum Veteran
 
Join Date: Jun 2008
Location: Zurich
Posts: 624
Groaned at 65 Times in 16 Posts
Thanked 202 Times in 128 Posts
aki has slipped a little
Re: Salary level Zurich area

Quote:
View Post
Why exactly would their child suffer in a Swiss school? Reasons please.
There has been hundreds of posts in this very forum in the past from people who's children have "suffered" in Swiss schools (including my own.
Years ago, I had a secretary from the UK who's daughter was put in a Swiss school and was maked "the dummy". Her teacher recommended her to go to "Real Schule", which is the lowest. They decided to send the kid to an intl school and today she is a PHD in Physics.
Reply With Quote
  #20  
Old 26.11.2008, 17:05
Forum Legend
 
Join Date: Feb 2008
Location: Zurich
Posts: 3,469
Groaned at 17 Times in 15 Posts
Thanked 1,994 Times in 1,187 Posts
CH_Me has a reputation beyond reputeCH_Me has a reputation beyond reputeCH_Me has a reputation beyond reputeCH_Me has a reputation beyond repute
Re: Salary level Zurich area

Quote:
View Post
There has been hundreds of posts in this very forum in the past from people who's children have "suffered" in Swiss schools (including my own.
Years ago, I had a secretary from the UK who's daughter was put in a Swiss school and was maked "the dummy". Her teacher recommended her to go to "Real Schule", which is the lowest. They decided to send the kid to an intl school and today she is a PHD in Physics.
How do the children take it when their school friends keep leaving? That's the main reason against for me.
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
Tax Manager - salary level Jenni Employment 8 01.05.2012 08:57
Salary range - Specialist (Life Science), Zurich and Basel Area Vera2006 Employment 10 11.07.2011 19:15
What is the salary level for low cost country sourcing manager position benlwu Employment 3 31.05.2008 21:08


All times are GMT +2. The time now is 11:30.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0