Average salary increase of 2.1% this year

Average salary increase of 2.1% this year
Average salary increase of 2.1% this year

Keystone-SDA

Actual and minimum wages increased on average by 2.1% and 2% respectively in 2024. The social partners signatories to the main collective labor agreements (CCT) in Switzerland have agreed on these increases for the current year.

This content was published on

November 05, 2024 – 09:38

(Keystone-ATS) The average increase in actual salaries (+2.1%) was distributed at 0.4% individually and 1.7% collectively, according to a survey by the Federal Statistical Office (FSO) published Tuesday.

Within the framework of the main CCTs, i.e. those with at least 1,500 covered people, the social partners have agreed for 2024 on a nominal increase in effective salaries of 2.1% on average (2023: 2.5%; 2022: 0 .8%; 2021: 0.4%; 2020: 0.9%).

Taking into account inflation forecasts for 2024 (+1.2%), real wages in the conventional sector are expected to increase by 0.9% this year. A little over 613,000 people are affected by agreements on effective salaries.

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