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Women's pay in Switzerland lags that of men by 43%

Published 09/07/2022, 05:54 AM
Updated 09/07/2022, 05:55 AM
© Reuters. FILE PHOTO: People cross the Rhone near the "Quartier des Banques" Financial District in Geneva, Switzerland, November 23, 2017. REUTERS/Denis Balibouse

ZURICH (Reuters) - Women in Switzerland earn more than 40% less than men and draw less pension money, a gender pay gap report the government adopted on Wednesday showed, citing the high proportion of women working part-time.

The government's Gender Overall Earnings Gap (GOEG) study, requested by parliament in 2019, showed Switzerland performed relatively poorly in a European context.

"In 2018, the GOEG for Switzerland was 43.2%. This means that women's earnings are 43.2% lower than men's for all hours worked between the ages of 15 and 64," the national statistics office said in a statement.

In 2020, the gender pension gap was 34.6%, it found. The total annual pension for women was 35,840 Swiss francs ($36,456) on average, 18,924 francs lower than that for men. This reflected differences in employment participation, the effects of family and life models, and wage gaps between the sexes over time.

© Reuters. FILE PHOTO: People cross the Rhone near the

The data come before Swiss voters decide in a Sept. 25 referendum whether to reform the state pension system by raising women's retirement age by a year to 65 - the same as that for men - and increasing value-added tax rates to help fund the system.

($1 = 0.9831 Swiss francs)

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