For Switzerland Jobs Facts
Switzerland is a small European nation. Its current population of slightly less than 8 million fit within its 42000 km² borders. Traditionally neutral the republic sits outside the EU and has a fully sovereign currency – the Swiss Franc (CHF). Similar to the USA it operates a federal government structure – with the country split into 26 small provinces called “Cantons”.
Operating upon Central European Time (CET) the nation is a traditional centre of banking, particularly private banking and wealth management. Remarkably five point six percent of the nations entire working population are employed in banking and finance jobs in Switzerland.
Unlike other European finance centres the “centre” is in fact split between Geneva and Zurich. Increasingly growing finance sectors – particularly the fund & hedge fund industry are setting up outside these two cities to take advantage of favourable tax regimes in the Alpine countryside. Jobs and employment can be found in the following areas:
- Banking & private banking
- Wealth Management
- Insurance
- Funds & Hedge Funds