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Old 17.08.2010, 13:44
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Moving from Greece to Switzerland

Hello everbody,

Due to the huge financial crisis that hit the Greek economy and thereore my current employer, I am willing to relocate to Switzerland. I am a financial controller. My current gross salary in Greece is around 35.000 euros. I had some interviews with Swiss employers offering me around 150.000 CHF annually, in the region of Basle and 130.000 CHF in the region of Zug.

So, I would like to make a couple of questions.

a) What is my net annual salary in those two salary offers?
b) Are they considered as high, medium, small salaries??
c) I am engaged, so, i will relocate to Switzerland with my girlfriend, who is not going to get a job there in the near future. Is this amount of salary (130.000-150.000 CHF) for two people having a "normal" way of life?
d) Am I going to have some spare money put in my savings account in the end of the year??

thank you!!
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Old 17.08.2010, 13:46
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Re: Moving from Greece to Switzerland

shall I offer popcorn to anyone or is this already a played out joke?

This salary is very good for 2 people to live very well and even save.
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Old 17.08.2010, 14:11
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Re: Moving from Greece to Switzerland

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shall I offer popcorn to anyone or is this already a played out joke?
There's something ironic about a financial controller coming from Greece who needs to ask EFers about an appropriate salary.
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Old 17.08.2010, 14:16
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Re: Moving from Greece to Switzerland

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There's something ironic about a financial controller coming from Greece who needs to ask EFers about an appropriate salary.
no it is not about that...as you might know we had many newbies show up and ask if the salary they are being offered is enough. This turned often into lengthy discussions, arguments around not using search function etc etc etc...I offered virtual popcorn so that others can sit back and watch the discussion turn nasty/funny etc etc...capiche now?
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Old 17.08.2010, 16:29
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Re: Moving from Greece to Switzerland

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Hello everbody,

Due to the huge financial crisis that hit the Greek economy and thereore my current employer, I am willing to relocate to Switzerland. I am a financial controller. My current gross salary in Greece is around 35.000 euros. I had some interviews with Swiss employers offering me around 150.000 CHF annually, in the region of Basle and 130.000 CHF in the region of Zug.

So, I would like to make a couple of questions.

a) What is my net annual salary in those two salary offers?
b) Are they considered as high, medium, small salaries??
c) I am engaged, so, i will relocate to Switzerland with my girlfriend, who is not going to get a job there in the near future. Is this amount of salary (130.000-150.000 CHF) for two people having a "normal" way of life?
d) Am I going to have some spare money put in my savings account in the end of the year??

thank you!!
It's an absolutely awful salary for Switzeland, you would be far better staying in Greece on Euros 35k

You call yourself a "financial controller" and you can't work out whether CHF 130-150K is a good salary compared to Euro 35K.....

Last edited by Charlie R. Soles; 17.08.2010 at 16:29. Reason: spelling (can't afford dico on Chf 150k/year !)
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Old 17.08.2010, 18:22
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Re: Moving from Greece to Switzerland

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You call yourself a "financial controller" and you can't work out whether CHF 130-150K is a good salary compared to Euro 35K.....
. Yeah the company should really reconsider that offer.
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Old 17.08.2010, 18:29
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Re: Moving from Greece to Switzerland

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Hello everbody,

Due to the huge financial crisis that hit the Greek economy and thereore my current employer, I am willing to relocate to Switzerland. I am a financial controller. My current gross salary in Greece is around 35.000 euros. I had some interviews with Swiss employers offering me around 150.000 CHF annually, in the region of Basle and 130.000 CHF in the region of Zug.

So, I would like to make a couple of questions.

a) What is my net annual salary in those two salary offers?
b) Are they considered as high, medium, small salaries??
c) I am engaged, so, i will relocate to Switzerland with my girlfriend, who is not going to get a job there in the near future. Is this amount of salary (130.000-150.000 CHF) for two people having a "normal" way of life?
d) Am I going to have some spare money put in my savings account in the end of the year??

thank you!!

Depends on what you are used to. I'd consider it very very nice. Even for 2 people. But 35k in Greece might get you more value, I really don't know. (Many will debate this but two people can live a decent life in Geneva out of CHF 75k gross a year. Above that it becomes really nice. )
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Old 17.08.2010, 18:36
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Re: Moving from Greece to Switzerland

this question has been asked a million times, so you should be able to find some answers using the search function.....

a) What is my net annual salary in those two salary offers?

maybe around 20% less. you can find tax calculators on the web.

b) Are they considered as high, medium, small salaries??

that depends whom you ask. For a Zurich based senior banker they are a joke (you know, everything below 500K is just a rounding error), for the average guy on the street (who makes around 6500 per month) they seem high. Based on what you said, they are pretty decent offers - most controllers probably make less.

c) I am engaged, so, i will relocate to Switzerland with my girlfriend, who is not going to get a job there in the near future. Is this amount of salary (130.000-150.000 CHF) for two people having a "normal" way of life?

yes

d) Am I going to have some spare money put in my savings account in the end of the year??

depends on your life style.
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Old 17.08.2010, 18:47
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Re: Moving from Greece to Switzerland

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a) What is my net annual salary in those two salary offers?
b) Are they considered as high, medium, small salaries??
c) I am engaged, so, i will relocate to Switzerland with my girlfriend, who is not going to get a job there in the near future. Is this amount of salary (130.000-150.000 CHF) for two people having a "normal" way of life?
d) Am I going to have some spare money put in my savings account in the end of the year??

thank you!!
a) There are different tax rates in these two Kantons, but it will depend on which village you live in, as different villages also have different rates. Check this out
http://en.comparis.ch/steuern/steuer...h/default.aspx

b) marry your fiance else she wont be able to stay longer than 3 months without a job.

c) its a very good salary for a financial controller. Families of 5 live on less, but you wont be saving half, like you might as a FC in New York. Also check out comparis about rent prices - that is likely to be your highest expense. (Other than beer if you're english)

d) That depends how much you travel/drink/keep up with fashion/get pregnant.
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Old 17.08.2010, 20:14
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Re: Moving from Greece to Switzerland

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b) Are they considered as high, medium, small salaries??

that depends whom you ask. For a Zurich based senior banker they are a joke (you know, everything below 500K is just a rounding error), for the average guy on the street (who makes around 6500 per month) they seem high. Based on what you said, they are pretty decent offers - most controllers probably make less.
I'm retraining.
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Old 17.08.2010, 20:49
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Re: Moving from Greece to Switzerland

You have to consider that on 35k EUR in Greece you probably pay no income tax, get an free early pension (financial controlling being a risky occupation, as dealing with tiny figures can damage your eyesight and working on a computer generates harmful radiations), marriage allowance and subsidized ferries to your secondary home in the islands. Funded by Slovakia and 25 other lucky EU members.

Still, sounds like the long term prospects are more secure here. Less sea, more snow.
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Old 17.08.2010, 20:59
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Re: Moving from Greece to Switzerland

Equally conveniences like going out to dinner (like you GF may want to do if she's not working) I have found quite exhorbitant.

Verdict - village life and home cooking = higher potential savings
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Old 17.08.2010, 21:11
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Re: Moving from Greece to Switzerland

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Hello everbody,

Due to the huge financial crisis that hit the Greek economy and thereore my current employer, I am willing to relocate to Switzerland. I am a financial controller. My current gross salary in Greece is around 35.000 euros. I had some interviews with Swiss employers offering me around 150.000 CHF annually, in the region of Basle and 130.000 CHF in the region of Zug.
I didn't think there were any Financial Controls in Greece; I thought that was the problem?
I can't believe that any company in Europe would offer a Greek a Financial Control position.
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Old 17.08.2010, 21:23
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Re: Moving from Greece to Switzerland

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I didn't think there were any Financial Controls in Greece; I thought that was the problem?
I can't believe that any company in Europe would offer a Greek a Financial Control position.
Didn't dare joke around with that but my first response would have been very similar. I bet it is one of the interview questions "Now tell me, what did you guys do wrong?"
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Old 17.08.2010, 21:28
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Re: Moving from Greece to Switzerland

I should have offered popcorn after all
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Old 17.08.2010, 21:31
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Re: Moving from Greece to Switzerland

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I didn't think there were any Financial Controls in Greece; I thought that was the problem?
I can't believe that any company in Europe would offer a Greek a Financial Control position.
Very ironic this comment.i can't believe that there are people who think like that.

P.S. to latinangelgr:
You should take into consideration that there are many people who think like ''Cashboy'' before you leave from Greece.
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Old 17.08.2010, 22:17
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Re: Moving from Greece to Switzerland

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It's an absolutely awful salary for Switzeland, you would be far better staying in Greece on Euros 35k

You call yourself a "financial controller" and you can't work out whether CHF 130-150K is a good salary compared to Euro 35K.....
there are many factors that have to be taken into account
the first parameter refers to numbers that obviously show that 130000 chf-150000 is a much higher value than 35k euros. The second parameter is much more complex..I've never been livining is Switzerland, so, this factor my change the true comparable value between Greek and Switzerland salaries that mentioned before.

Would you relocate by just taking into account plain numbers????? would you take a decision without reading behind the lines??

Cheers
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Old 17.08.2010, 22:22
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Re: Moving from Greece to Switzerland

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You have to consider that on 35k EUR in Greece you probably pay no income tax, get an free early pension (financial controlling being a risky occupation, as dealing with tiny figures can damage your eyesight and working on a computer generates harmful radiations), marriage allowance and subsidized ferries to your secondary home in the islands. Funded by Slovakia and 25 other lucky EU members.

Still, sounds like the long term prospects are more secure here. Less sea, more snow.
Actually, my net income used to be 27500 euros annually..now, it decreased ( due to IMF...)by 6ooo euros (net decreasing)
thats way i want to relocate
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Old 17.08.2010, 22:42
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Re: Moving from Greece to Switzerland

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Actually, my net income used to be 27500 euros annually..now, it decreased ( due to IMF...)by 6ooo euros (net decreasing)
thats way i want to relocate
Your net income will be like 300% more here. Life will be more expensive but not that much. And when considering that the Greece economy will probably not do better than the Swiss in the near future, I would move as soon as I can.
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Old 17.08.2010, 22:43
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Re: Moving from Greece to Switzerland

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thats way i want to relocate
oh.. to be young and free...
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