Swiss trade unions generally satisfied with wage negotiations

Real wages should rise slightly in 2024, but there are still some significant exceptions.

The Swiss trade union umbrella organisation Travail.Suisse considers wage negotiations to be satisfactory overall. The slight increase expected in 2024 applies above all to employment relationships governed by collective agreements.

For the economy as a whole, however, real wages will stagnate after three years of falling purchasing power. Overall, real wages will remain below their pre-pandemic level. …