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Swiss Market Report 2011 - Salaries and Salary Survey


Salaries were generally static during 2010 with the exception of the banking sector where the reduction in bonus driven incentives led to increases in base salaries. Salaries are usually a function of supply and demand and those companies that recruited externally were rarely under pressure to make higher offers than they otherwise felt comfortable with.

Bonuses in 2010 started to recover across most sectors, although nowhere near prerecession levels. How the banks and the financial services sector restructure their bonus schemes in the face of accusations that link high bonuses to high risk taking is going to be interesting. We have insufficient data to comment at this point.

Salary Survey

Total remuneration varies throughout the various industry sectors in terms of the salary, other benefits and bonuses that may be paid. For the purpose of this survey we have chosen common examples of job types and evaluated the salary range that would have to be offered to attract appropriate candidates. We have excluded bonuses. We recognise that the make up of total remuneration varies and for ease of comparison, we have divided salaries between what could be expected in the financial services sector and industry. The following is intended as a rough guide and does not take into account the premium paid for specialist knowledge (e.g. treasury audit in the banking sector). For a more personalised appraisal please use

  Banking/Financial Services Commerce and Industry
Head of Internal Audit
Minimum 10 years experience gained in both a Big 4 and in-house.
CHF 240000+ CHF 180-300000
Senior Internal Audit Manager
Big 4 trained international audit manager with 7-10 years experience.
CHF 180-210000 CHF 180000
Internal Audit Manager
At least 5 years internal experience gained in-house.
CHF 160-200000 CHF 130-150000
Senior Internal Auditor
4-6 years experience trained in Big 4.
CHF 130-150000 CHF 110-140000
IT Security Manager
CISSP qualified 7-10 years experience.
CHF 180-220000 CHF 150-180000
Head of Corporate Governance
Qualified, minimum 10 years PQE extensive senior management responsibilities and exposure.
CHF 250000+ CHF 200000+
Compliance Officer AVP
5 years banking experience.
CHF 100-110000 N/A
Senior Compliance Officer VP
7-10 years banking experience.
CHF 130-150000 N/A
Operational Risk Manager VP
7-10 years banking experience.
CHF 160-180000 CHF 140-170000

Latest jobs

Senior Auditor, Asset Management
  • Location London
  • Salary To £55,000+Bens
  • Job type Permanent
  • Sector Banking, Asset management/Funds , Insurance , Other Financial Services
  • Description This global asset manager is looking to recruit a Senior Auditor. Working closely with the lead audit manager in London you will be working as part of a global internal audit function in a position
Retail Banking, Consumer Credit and Lending Manager
  • Location London
  • Salary
  • Job type Permanent
  • Sector Banking , other Financial Services
  • Description My client is a Big 4 Consultancy. They are looking for a Manager to join their Financial Services Risk and Regulation Centre of Excellence.
Information Security Risk Manager
  • Location Paris
  • Salary €90-110,000+Bonus
  • Job type Permanent
  • Sector Banking, Technology Risk, Information Security
  • Description This high profile international bank is seeking a regional information risk manager to lead the relationship with information security and act as a second line of defense
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