Tag Archive | "jobs"

Tags: flexibility, jobs, mobility, professionals, travel, work Switzerland

Switzerland’s Workforce More Mobile

Posted on 23 August 2009 by Mr Bureau

According to recent studies of work habits in Switzerland by Zurich’s EPF, the Swiss have turned the page on the era of the long term employment close to home.

Employees are now not only changing jobs frequently but also seeking them or accepting them farther away from home, endorsing the notion that mobility and flexibility are factors in career advancement.

The study’s authors claim that current workplace demands, which have increased considerably with globalization, have made professional work in Switzerland more dependent on mobility.

Many recruitment agencies have noted that the attractiveness and enjoyability of a candidate rises considerably with willingness to travel.

RH consultancies note that the reasons most often appreciated by employees are the company culture and diversity of the job description; thus the reasons most often cited for leaving a job are absence of a good work environment, monotonous workload. Salary is usually secondary.

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Tags: electronics, employment, job opportunities, job vacancies, jobs, machine tools, mechanics, polymécanicien, precision tools

Continued Demand for Skilled Mechanics

Posted on 26 July 2009 by PCT

Bucking the trend of downsizing and layoffs, part of the industry of precision machine tools – hat which treats machines destined for agri-business, rail transport or medicine—are little affected by the economic slowdown.

This contrasts strongly with companies producing precision mechanics for the luxury watch industry where jobs have been had hit, with many companies in the Jura laying off thousands of workers.

However, globally across the precision tools industry in Switzerland, there is very strong demand for mechanics skilled in tooling pieces in metal or plastic. In Romandy alone (the French-speaking parts of Switzerland) the labor bureau estimates the market is lacking roughly 400 skilled mechanics.

In the precision tools industry a mechanic who works in the manufacture of machine tools for fabricating precision parts is in high demand. The Swiss market on the whole requires roughly 25,000 such skilled precision mechanics. The Vocational training that produces them is largely by apprenticeship and as a result, in the French-speaking regions of Switzerland, where apprenticeships are not highly esteemed as educational qualifications—there are few students choosing to be trained in this field.

Company spokesmen and government labor offices say it’s a shame, because the precision machine industry, the electronics and the metallurgy industries are big employers in the Swiss economy, and the jobs in these fields offer high salaries and good career prospects.

The machine tools, electronics, and metallurgy industries together employ 320,000 people in Switzerland across over 400 companies. In Romandy alone, these industries are responsible for 50,000 jobs.

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Tags: cartier, chomage, downsizing, franck mueller, gerard perregaux, job loss, job vacancy notices, job websites, jobs, jobs switzerland, layoff, layoffs, luxury brands, micromechanics, nicholas hayek, recession, richemont, roger dubuis, Unemployment

Luxury Brands Reduce Staff

Posted on 12 April 2009 by Papessa

luxzury_brandsThe luxury and watchmaking industries are undergoing some strong setbacks from slowing orders and several luxury brands have begun letting go employees. Top companies already began shedding jobs last autumn. Nonetheless, as often happens in downturns, some companies are also hiring as well. The paradox is that companies look at the business downturn as an opportunity to better optimize the company competitive position, firing less performing staff and hiring others. Continue Reading

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Tags: citizens, Crisis, Economy, employment, Europe, freedom, graduates, job, jobs, labor, market, middle class, movement, professional, swiss, trade, vote

Vote on 8 February, EU or not ?

Posted on 15 January 2009 by Gaffer

Fears around the employment market will play a significant role in the vote on 8 February. Despite the support of economy and trade unions, the “yes” to freedom of movement is now doubt in the middle class of Switzerland that the influx of skilled workers worried.

Entry into force in 2002, expanded in 2005, the free movement of people has changed the Swiss labor market.

According to the latest barometer of employment published in late November by the Federal Statistical Office (SFO), Switzerland had, 3rd quarter 2008, 1.3% of employed more than a year earlier.

An increase resulting primarily from the increased number of foreign workers (+4.0%), the Swiss number increased only slightly (0.4%).

Absorbed by an economy operating at full capacity in recent years, the European workforce has also diversified.

Gone is the cliché of the Portuguese bricklayer, now 58% of workers who come to settle in Switzerland are graduates, against 36% in 1997.

But what happens on the Swiss labor market during this financial crisis?

EU and bilateral votation in Switzerland

This fear haunts now also the middle class, traditionally more open to Europe.

In the latest survey of the institute devoted to gfs.berne popular vote on February 8, and it appeared that his position was “the reluctance of the refusal.” What political scientist Claude Longchamp explained by the presence of increasingly skilled foreign workers.
A study by the Center for Business Cycle Research at the Swiss Federal Institute of Technology Zurich (KOF) shows that between 2002 and 2007, gross domestic product (GDP) in Switzerland recorded an annual increase of 0.16% above what would have happened without the agreement. The same study also indicates that the movement did not decrease the level of nominal wages, or increase the rate of unemployment among the Swiss.
But the assumption that European workers are the first affected by the crisis in Switzerland seems to be confirmed. In November, the net migration fell by 28% compared to the previous month. The fall was particularly marked in Germany (-40%), which are the most numerous among EU citizens to seek their professional happiness on the Swiss market of employment.

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Tags: Basel, careers, employment, jobs, novartis, Pharmaceutical, switzerland, work

Novartis has record profitability – more jobs in Basel

Posted on 25 October 2008 by Hans-T

Outside of the banks and finance companies, there are many sectors of the Swiss economy that are only minimally affected by the financial crisis and continue to show a growth of jobs in Switzerland.

Consider the case of Swiss pharmaceutical giant Novartis, based in Basel. A Spokesperson for Novartis said this week that Novartis has no exposure whatever to insolvent financial institutions. The group’s figures for the first three quarters show a 12% increase in profitability over last year for a total of $31.4 billion, and a net profit of $7.25 billion. Novartis’ profitability rose by 19% compared to the same period last years, with the 3rd quarter’s results 32% higher over last year’s. Most of the Swiss employment provided by Novartis are jobs in Basel.

The pharmaceutical giant owes its resplendent financial fortunes to the effects of change as well as its global restructuring, in which more than 2500 jobs (mainly outside of Switzerland) were eliminated worldwide.

The multinational drug company, which contributes to the considerable amount of research and engineering work in Basel, has recently been launching an array of new medicines to counter the pressures from the increasing number of generic drugs competing with established Jobs in Basel - Pharmaceuticals - Novartis

pharmaceutical products. Over the last 9 months alone Novartis launched nearly 100 new drugs to offset the losses expected from generics competing with established patented medicines such as Diovan (for hypertension) which by itself is responsible for $5 billion in sales. Nonetheless, analysts say it will not be before 2010 that these new products will reach their full sales potentials. The increased revenue is expected to feed demand for increased research and development work in Switzerland.

Jobs in Basel - PharmaceuticalsAcross the Atlantic, where like its competitors, Novartis got the green light from the American FDA, sales have declined a modest 4%. But Novartis has offset these modest declines with huge gains in emerging economies (+17%) as well as in Europe where sales are up 7%.

Analysts have expressed a bullish attitude on Novartis, noteworthy especially in this period of market turbulence, and continue to recommend buying Novartis stock, considered to be a strong long term investment. Wegelin bank analysts say the stock is a ‘sure value,’ and some analysts see the stock rising above CHF 70.

For Basel, Novartis continues to provide a large number of jobs in Basel and to contribute substantially to tax revenues.

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Tags: Add new tag, Economy, Geneva, jobs, remuneration, Salaries, switzerland, work

Geneva has disproportionate numbers of jobs in Switzerland

Posted on 14 October 2008 by ThomasP

The canton of Geneva occupies 0.6% of the surface area of Switzerland but employs roughly 8% of the salaried Work force in Switzerland and is responsible for a gross product of roughly $ 35 billion, roughly 8% of the Swiss GDP.

As to jobs, Geneva has practically a world record with approximately 2 jobs for three inhabitants (For a total population of about 450,000 there are 297,000 Jobs in Geneva). There are also roughly 75,000 cross border workers who work in Switzerland but live in neighboring France or Germany or Italy.

According to the Geneva Cantonal Bank’s statistics, the average salary in Geneva has continued to rise. During the 90’s, Geneva salaries were less than those in Zurich. However salaries in Geneva have now outstripped salaries in Zurich, with the average salary in Geneva now roughly CHF 6350, approximately 15% higher than the Swiss average, and about CHF 100 higher than Zurich’s average. The high average salaries for jobs in Geneva is largely explainable by the Jobs in Geneva Switzerland

high proportion of jobs in private banks, jobs in trading companies, and jobs in the financial services industries, all of which pull the salary statistics higher. Roughly 10% of workers in Geneva have salaries higher than CHF 12,400 per month.

Geneva is also the canton with the most glaring discrepancies between high salaries and low salaries.

In Geneva 85% of the small and medium size companies employ fewer than 10 persons. But over a third of the corporate landscape in Geneva (measured by number of jobs) is large multinational companies. Among the large employers of Geneva are the banks – UBS, Credit Suisse, BNP Paribas, HSBC, Pictet, Lombard Odier Darier Hentsch, Deutsche Bank,… – and then there are the luxury brands, and other multinationals, such as Rolex (4000 jobs), Proctor and Gamble (2500 jobs), Firmenich (1600 jobs), The Richemont Group (1400 jobs), Patek Philippe (1200 jobs), Merck Serono (1000 jobs), Givaudan (800 jobs), Chopard (700 jobs), Japan Tobacco (600 jobs), Franck Muller(600 jobs) and Du Pont(600 jobs).

The luxury watch industry alone brings in over $1 billion in annual revue to the canton of Geneva.

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