I recently changed field and took a slight haircut. I am still not sure of my move, since before my days have been really chill, litle commute and lots of other benefits.
I now work in a small firm with the opportunity to take some owership. I somehow have the feeling i could have negotiated more and this makes me a bit angry at myself.
Year
Income
2017
90k
2019-2023
140k
2023-2025
180k+ with lots of other benefits and amazing 2nd pillar
2026
160k
Well i hope the work and effort is going to be worth it in a couple of years.
Salary structure changed and bonus got integrated into the base, which initially brought total compensation down to 142’500 CHF. Received a raise for 2026, now at 147’500 CHF.
Update for 2026. Work in healthcare (pharma, biotech and med-tech) - Corporate Affairs/Corporate Comms/Corporate Marketing background.
2019 - ~ CHF 120K (UK salary)
2020 - CHF 215K (first year in CH) big Pharma
2021 - CHF 258K (promotion)
2022 - CHF 265K
2023 - CHF 270K
2024 - CHF 200K (re-org and laid off)
2025 - CHF 140K (RAV and then started my own business)
2026 - CHF 220K-250K (new job in medical devices)
Being laid off was rough (internal politics and BS played a role) but super happy in the new company and committed to start with a 50% savings rate and avoid lifestyle (re)inflation.
Background: Software Engineer/Quant Developer, PhD in Computer Science
Period
TC (in CHF)
Increase
Remark
2009 - 2014
51k
standard PhD student salary at EPFL
2015 - 2019
91k
78%
Swiss unicorn startup, no raises or bonuses
2019 - 2020
120k
31%
Finance sector company, new job in a new company
2020 - 2021
110k
-8.3%
Finance sector company, had to find a new job due to a layoff
2022
115k + 1.5k
5.9%
base raise + bonus
2023
123k + 2k
7.2%
base raise + bonus
2024
126k + 3k
3.2%
base raise + bonus
2025
128k
-0.7%
base raise
The current company in which I work announced that there won’t be any raises or bonuses for 2026. I am trying to find another job, but the tech job market is rough due to layoffs in the sector which started around late 2022 and are still ongoing. Most of the tech positions in Zurich outside of hedge funds, big tech, and some US startups have worse total compensation than my current one, so I would be taking a cut by joining them. And the companies that pay well either almost froze hiring or are hard to get into due to increased competition.
I try to use my network as much as possible as it’s indeed the best way to find something. I always try to ask about open positions or for a referral from my network. Referral gives a bit of leverage that it can get the foot in the door to a interview process but it doesn’t help much when companies almost stop hiring and have no open positions.
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