Switzerland is one of the best places in Europe to live and work. The country boasts one of highest standards of living in the world, has a low crime rate, an amazing public transportation system, great work-life balance, as well as very high salaries and low taxes, compared to the UK. If all of this sounds brilliant to you and you feel like relocating to Switzerland but don’t know where to start, don’t worry. To help you figure out which are the best-paid occupations, I have compiled a list of the top 10 highest paying jobs in Switzerland, based on data from Salary Explorer.
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(Salaries displayed are annual)
10. Professor - Electrical Engineering - 250,000 CHF (£200,272)
Responsibilities: Professors of electrical engineering are responsible for designing and teaching university level courses in electrical engineering to students. Depending on the university and terms of their contract they may also be required to carry out research on behalf of the university.
Key skills/traits: Teaching and education positions call for people with great communication skills. As electrical engineers, they also need to have excellent math, science, IT, analytical and problem-solving skills.
Education: Professors at universities should typically have at least an MSc in Electrical Engineering. But a PhD is usually preferred for career advancement depending on your level of experience and the school in question.
9. Risk Analyst – 250,000 CHF (£200,272.71)
Responsibilities: Risk analysts identify and analyse the areas of potential risk threatening the assets, earning capacity or success of organisations in the industrial, commercial or public sectors.
Key skills/traits: This position calls for candidates with strong numerical, analytical and strategy skills. Professionals in this field also need to be able to explain complex issues and present technical information clearly.
Education: Employers prefer graduates with a BSc in risk management or an MSc in financial-related risk management or financial markets. Those without a degree need to have proven experience in finance or insurance along with professional qualifications.
8. Compensation Manager – 270,000 CHF (£216,292)
Responsibilities: Compensation managers design and administer a company’s compensation programs and policies, including annual merit and incentive pay programs, supplemental and differential pay policies.
Key skills/traits: Candidates should be detail-oriented, able to work independently, and effectively use rational systems to solve practical problems.
Education: A BSc or BA in business, human resources, accounting or a related field is highly recommended. Also, 5+ years of experience in compensation, accounting, human resources or a relevant field is required.
7. Government Affairs Director – 280,000 CHF (£224,303)
Responsibilities: A government affairs director is accountable for the strategic development and implementation of government affairs activities to support business objectives of the company.
Key skills/traits: For this position, the ability to communicate effectively (both orally and in writing), resolve issues quickly, multitask and prioritise is a must. Candidates should also exhibit strong interpersonal and analytical skills.
Education: At least a bachelor’s degree in law, government affairs or in a similar area is required. Also, extensive experience (10+ years) in a government affairs and/or administration position with thorough understanding of the legislative and regulatory framework is a plus.
6. Program Manager – 285,000 CHF (£228,310)
Responsibilities: Program managers supervise all day-to-day activities of a particular program while keeping a bird’s eye view of the program operations.
Key skills/traits: One of the most important qualities of a program manager is the ability to develop a clear and detailed plan. Also, the ability to think quickly and adeptly about how to address problems, in conjunction with multi-tasking skills are a must.
Education: A qualification in project management or equivalent is a must.
5. Director of Application Development – 300,000 CHF (£240,327)
Responsibilities: A director of application development oversees the enhancement, integration, maintenance/support and customization of all applications defined in the application stack across an organisation.
Key skills/traits: This position requires candidates to demonstrate solid analytical, technical, problem-solving, and decision-making skills. On top of this, they should be able to define and analyse logical processes, document requirements for data, etc.
Education: A Bachelor’s degree in computer science, information technology, industrial engineering, operations management or finance along with 10+ years’ management experience in an IT position, are highly recommended.
4. Automotive Assembly Manager – 324,000 CHF (£259,540)
Responsibilities: Automotive assembly managers supervise assembly line workers in the automotive industry. They supervise production activities through strong leadership, communication, motivation and direction of employees, ensuring product quality and delivery.
Key skills/traits: Demonstrated organisational, communication, problem-solving, and people skills.
Education: For this role, a Bachelor’s degree in a technical or business field of study is preferred or extensive manufacturing management/supervisory experience in a high-volume, dynamic environment.
3. Corporate Director – 350,000 CHF (£280,368)
Responsibilities: A corporate director is accountable for the development, implementation and evaluation of corporate strategies.
Key skills/traits: Corporate directors need to have well-developed analytical skills and a proven ability of setting/attaining strategic objectives, motivating individuals and teams, etc.
Education: This position requires you to possess an MBA or Certified Public Accountant (CPA) credentials. Also, a minimum of 5 years of experience working in a role related to corporate strategy, mergers and acquisitions.
2. Chief Executive Officer – 373,333 CHF (£299,059)
Responsibilities: A Chief Executive Officer (CEO) provides general oversight of his company’s activities, manages the day-to-day operations, and assures the smooth functioning and efficiency of an organisation.
Key skills/traits: Anyone pursuing this role should demonstrate critical competencies in these broad categories: leading change, motivating, business savvy, and commitment to results.
Education: A CEO should have at least a Bachelor’s degree in Business, and an MBA. This position requires candidates to have a minimum of 5 years of experience in a senior management position.
1. Chief Investment Officer – 400,000 CHF (£320,434)
Responsibilities: This executive role involves identifying strategic commercial investment trends and opportunities in a certain market. Chief Investment Officers (CIOs) also develop short-term and long-term investment policies, and make recommendations on investments or the use of external money managers.
Key skills/traits: To become a successful CIO, one should be able to understand the risks of potential investments, see ahead clearly, and use rigorous logic and methods to solve complicated problems.
Education: People in this position usually have a background in Business or Investment Management, while an MBA would definitely be a plus.
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Switzerland is an amazing country to live and work in. If you have the qualifications and passion to pursue any of these jobs, why not move to Switzerland and enjoy a perfect lifestyle while making a fortune?
This article was first published in March 2015.