Wage level

Note: These calculations are based on wage figures, social security contributions and working hours in 2006 for fourteen widespread professions. Uniform criteria were used with regard to work experience, age, marital status etc. The wage index was weighted by the share of each occupation in overall employment and overall income and also by gender. The figures relate to pay net of taxes and social security contributions. In calculating the 2008 update of the wage index, we not only took account of exchange rates and inflation, but also factored in that part of the economic growth was due to productivity improvements and was therefore passed on to employees in the form of higher pay. Source: UBS - Prices and Earnings - 2008 Update