Switzerland
Family Allowances – Switzerland
Family Allowances – Switzerland In Switzerland, the Family Allowance is statutory and needs to be funded by the Employer. Eligibility: Employees with children Conditions for receiving the benefit: To qualify for the allowance, the child must be under ...
Severance requirement in Switzerland
Severance requirement in Switzerland An employee is only entitled to severance if they have at least 20 years of service with the employer and are, at the same time, at least 50 years of age. (339 (b) of the Code). The severance is then between 2 and ...
Switzerland Pensionable Salary
Pensionable Salary – Switzerland The pensionable salary for employees in Switzerland, should be 80% out of their annual salary + commission target (variable pay). Example: Annual Remuneration: CHF 100000 Variable Pay: CHF35000 Pensionable Salary: ...