Expats in Switzerland earn over $180,000 per annum (Rs 1.2 crore) on average, which is well above the global average of $104,000 (Rs 70 lakh). This is the finding of a survey of expats by global banking major HSBC. However, it is not just salary that makes Switzerland the top career destination for expats, says the survey.
Switzerland was followed by Sweden (average pay of $81,989 or Rs 55 lakh) and Germany ($90,400 or Rs 61 lakh) as the top destination for expats. The survey was based on factors such as earnings prospects, career prospects, work-life balance and job security.
"With a strong currency, powerful labour market and booming export industry, Switzerland's economy has remained stable throughout wider Eurozone volatility. The country offers expats very high earning potential in a diverse and satisfying working environment," the survey found. 65 per cent of expats living in Switzerland rate it highly for earnings prospects.
In terms of earnings prospects, Qatar (average pay $115,186 or Rs 78 lakh) was ranked the best country while for career progression, Hong Kong (average pay of $176,244 or Rs 1.18 crore) topped the charts. Sweden was ranked No. 1 in terms of work-life balance.
Where in the world would you love to work? Find the place that's right for you... https://t.co/MalI8qVxad pic.twitter.com/82zncTnls0— Expat Explorer (@expatexplorer) January 29, 2016
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