Thanks to a stable labour market with low unemployment, Swiss salaries are high by European standards. Almost a third of this income is spent on maintaining a system of health and social services that leaves no one behind.
Switzerland has a stable labour market, low unemployment and a high GDP per capita. Strikes are remarkably rare thanks to a social partnership between employees and employers.
Although Switzerland's high wages are offset by a high cost of living, the average household manages to save around 10% of its income. On average, the Swiss spend almost one third of their income on social security contributions, taxes and health insurance.
This pays for high-quality – though expensive – healthcare services and a social insurance system that leaves no one behind.