New research has revealed that Swiss-based employees are less likely to pursue a pay rise than their German and French counterparts, SIA reports.
The study, from recruitment consultancy Michael Page, found that 30 per cent of Swiss-based employees and candidates reported asking for a pay rise over the past 12 months compared with 40 per cent in Germany and France.
The research also found that only 66 per cent of job seekers in Switzerland felt confident or very confident about negotiating a salary increase, compared with 80 per cent in Germany and France.
Swiss-based job seekers were reportedly more than twice as pessimistic about the outcome of seeking a salary increase as the German and French respondents.
Michael Page found that 18 per cent had decided not to pursue a salary increase in the past 12 months because they did not feel optimistic about the result; a significantly higher figure than the 8 per cent of German and French job seekers who reported such a barrier to seeking salary increases.
The report revealed that job seekers in Switzerland were only half as likely to propose a salary objective compared to their German counterparts (19 per cent vs 41 per cent). While over half (58 per cent) preferred to discuss a salary range instead of a specific salary objective.
Key sources of salary information for respondents were reportedly specialised websites such as Glassdoor (53 per cent), salary reports from recruitment firms (44 per cent) and job ads (39 per cent). The majority of respondents updated their salary knowledge at least annually from these sources.
The most important financial benefits Swiss-based job seekers were looking for were an attractive company pension plan (85 per cent) and private health or life insurance (73 per cent).
Access to training was found to be the most popular non-financial benefit, with 35 per cent of job seekers negotiating this as part of their overall compensation package.
In a press release, Yannick Coulange - managing director of PageGroup Switzerland - said, “It is crucial for employers to take the lead on salary discussions. Candidates tend not to discuss salary development processes as this is largely considered a taboo subject in the interview process.
"So, it is important for the employer to have a pro-active discussion about the elements of compensation, outlining how salaries are determined in the organisation and the opportunities for performance-related increases.”
Source: SIA
(Quote via original reporting)
New research has revealed that Swiss-based employees are less likely to pursue a pay rise than their German and French counterparts, SIA reports.
The study, from recruitment consultancy Michael Page, found that 30 per cent of Swiss-based employees and candidates reported asking for a pay rise over the past 12 months compared with 40 per cent in Germany and France.
The research also found that only 66 per cent of job seekers in Switzerland felt confident or very confident about negotiating a salary increase, compared with 80 per cent in Germany and France.
Swiss-based job seekers were reportedly more than twice as pessimistic about the outcome of seeking a salary increase as the German and French respondents.
Michael Page found that 18 per cent had decided not to pursue a salary increase in the past 12 months because they did not feel optimistic about the result; a significantly higher figure than the 8 per cent of German and French job seekers who reported such a barrier to seeking salary increases.
The report revealed that job seekers in Switzerland were only half as likely to propose a salary objective compared to their German counterparts (19 per cent vs 41 per cent). While over half (58 per cent) preferred to discuss a salary range instead of a specific salary objective.
Key sources of salary information for respondents were reportedly specialised websites such as Glassdoor (53 per cent), salary reports from recruitment firms (44 per cent) and job ads (39 per cent). The majority of respondents updated their salary knowledge at least annually from these sources.
The most important financial benefits Swiss-based job seekers were looking for were an attractive company pension plan (85 per cent) and private health or life insurance (73 per cent).
Access to training was found to be the most popular non-financial benefit, with 35 per cent of job seekers negotiating this as part of their overall compensation package.
In a press release, Yannick Coulange - managing director of PageGroup Switzerland - said, “It is crucial for employers to take the lead on salary discussions. Candidates tend not to discuss salary development processes as this is largely considered a taboo subject in the interview process.
"So, it is important for the employer to have a pro-active discussion about the elements of compensation, outlining how salaries are determined in the organisation and the opportunities for performance-related increases.”
Source: SIA
(Quote via original reporting)