Determining Salaries
Determining Salaries Etymologically, the salary comes from the word “salt”. Indeed, before the introduction of the currency, salt was used to pay for work or service provided. Salt could be exchanged for goods and services. Today, no one is paid in amounts of salt anymore, but the issue of wage negotiations remains important. During the hiring process, a candidate goes through many phases before arriving at the time of negotiating salary and other working conditions. It is therefore a matter of agreeing on a given remuneration between the two contracting parties, namely the employee and the employer. Visit also: Payroll outsourcing services for accounting firms In Switzerland, at the federal level, no minimum income is set by the government. It is the negotiations initiated at the time of the engagement between the employer and the employee that determine the level, terms, and composition of the salary. Obviously, ...