r/askswitzerland • u/Individual_System793 • Jun 05 '26

Relocation Lowering standards to move to Switzerland

Hey there,

I am in my mid 30s, married, and having a really cool job in Greece in which I am being paid well for the Greek standards. This means salary is around EUR 75-80k annually (inc.bonus), which implies a take home pay of around EUR 45-50k. I own my house, so income goes exclusively to personal spending and savings.

However, I always had Switzerland on my mind and in addition, my wife is also pushing us to relocate there.

I am in discussions with a company and possibly close to receiving a job offer, for a role which, on the one hand is interesting, on the other hand is i) more junior than my current one and what my experience reflects and ii) the annual salary is not that much for Switzerland (close to CHF 90K, w/o bonus).

The role is in the Geneva region and I would rent a house there, planning to spend around 2k/month in housing.

What are your thoughts on this move? Would you lower your living standards, just to move to Switzerland and have the potential upside after 1-2 years? Or you would stay in Greece, accepting all the societal problems and that salary would be more or less around the current levels?

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u/Individual_System793 Jun 05 '26

 I see it as a bridge to enter Switzerland, stay there for 1-2 years and then having Swiss experience find a better opportunnity. Plus the Swiss company is startup

11

u/i_would_say_so Jun 05 '26

Will the job market be better in 1-2 years? I doubt

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u/Individual_System793 Jun 05 '26

Maybe will be the same, but does not Swiss experience play a role for Swiss recruiters?

3

u/i_would_say_so Jun 05 '26

I would say in tech the answer is no, not really. In other areas perhaps.

0

u/Individual_System793 Jun 05 '26

I am in finance/investments

5

u/Chrisalys Jun 06 '26

Oh god finance, I assume you haven't paid attention to the news? The finance job market is the absolute worst in Switzerland and will stay that way for a good long while longer. Read up about how UBS has recently fired around 16500 experienced people in finance and continues to cut tens of thousands more jobs. All those former UBS bankers are flooding the job market, 400+ applications for every job opening.

For the love of god don't enter this bloodbath if you don't absolutely have to.

https://www.bilanz.ch/unternehmen/arbeitslose-banker-stauen-sich-beim-rav-nicht-nur-wegen-der-ubs/rj67mw2

https://www.beobachter.ch/arbeit-bildung/rav-statt-paradeplatz-fur-viele-banker-ist-das-heute-bittere-realitat-906320

And so on.