3 hours agoWhat's the 13th salary in Switzerland and how do you count?
Periskopi(5 years ago)
(5 years ago)Most companies in Switzerland pay salaries for their employees based on a 13-month system. How does this work? Swiss salaries are among the highest in the world, drawing many workers from abroad, even though the cost of living in Switzerland is also high. The 13-pack system is not part of Swiss law [...]
Swiss salaries are among the highest in the world, drawing many workers from abroad, even though the cost of living in Switzerland is also high.
The 13 - pay system is not part of Switzerland's labour law, as it is in some countries, is more common issues. However, if it's part of the job contract, then the company is forced to pay it. Currently, nine out of 10 employers do this, writes The Local.
That's what you need to know.
The 13th salary is not a bonus
When employed by a company using the 13-wage system, that means your annual profits are accounted for and paid in 13 installments instead of 12.
Some companies do not pay their 13th month salary, but instead will pay higher salaries.
Your annual income will still be the same, it depends only on how they divide by 12 or 13, follows albinfo.ch.
Why not pay only 12 wages?
The idea behind this system is that the 13th tranche paid in December (really, two months' salary) will help pay Christmas spending and other end-of-year bills.
If half of the 13th salary is paid in July, it will help on summer holidays.
Are you right about the 13th salary if you lose work on certain days?
If the lack is reasonable and limited in time, then yes.
For example, if you lose your job because of illness, accident, pregnancy, or leukemia, military service, family death, or other important reasons set out by Swiss employment law, you still have the right to compensation.
What if you don't work a full year or get paid an hour?
If you start employment or leave work during the calendar year, the 13th month's pay is proportionally paid, in proportion to past months at the company.
As for workers for hours who are also eligible for a 13th salary, they are usually paid monthly. The time rate increases by 8.33 percent.
And the rewards?
The bonds are independent of the 13th salary.
Swiss law does not contain any provisions specifically related to the bonus, which may consist of money, shares, stock options in companies or other benefits. This depends entirely on the goodwill of employers.
Usually, this should be addressed in the job contract.
