Salaries of Swiss public sector CEOs continue to rise
Postfinance's CEO was the public sector's top earner.
Keystone/Gaetan Bally
Nine heads of companies and institutions close to the government earned more than half a million francs last year. That is one person more than in the previous year. Postfinance CEO Hansruedi Köng received the most – not including occupational pension contributions.
In his last year as CEO of Postfinance, Köng received around CHF835,000 ($936,000) – around CHF8,000 more than in the previous year. Including employer contributions for social insurance and occupational benefits, his remuneration amounted to just under one million francs. This is according to the Federal Council’s Executive Salary Report 2023, published on Friday.
As in the previous year, Swiss Post CEO Roberto Cirillo was in second place in the salary rankings with a salary of around CHF825,000, followed in third place by Federal Railways CEO Vincent Ducrot with around CHF776,000. Cirillo and Ducrot received a total salary – including employer contributions for social insurance and occupational benefits – of over one million francs.
Adapted from German by DeepL/kc/ac
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
What factors should be taken into account when inheriting Swiss citizenship abroad?
Should there be a limit to the passing on of Swiss citizenship? Or is the current practice too strict and it should still be possible to register after the age of 25?
Is your place of origin, your Heimatort, important to you?
Every Swiss citizen has a Heimatort, a place of origin, but many have never visited theirs. What’s your relationship with your Heimatort? What does it mean to you?
Initiative calls for 36-week parental leave in Switzerland
This content was published on
The initiative proposes 18 weeks of non-transferable leave per parent, to be taken alternately within ten years of implementation.
Over a quarter of Swiss Catholics consider leaving the church
This content was published on
In Switzerland 27% of Catholics have thought about leaving the church, according to a survey by the Sotomo research centre.
This content was published on
Following the Credit Suisse debacle, the Swiss Financial Market Supervisory Authority (FINMA) is adapting its organisation.
This content was published on
The Swiss Armed Forces are training their fighter jets in Bern to fly from a civilian base. The exercise at Bern Airport will last until Wednesday.
Plans materialise for new particle accelerator in Geneva
This content was published on
Preparations for a huge new particle accelerator in Geneva have reached a milestone. After several years of work, a feasibility study for the project has now been finalised.
This content was published on
The value of frozen Russian assets in Switzerland currently stands at CHF7.4 billion ($8.4 billion), the Swiss government announced on Tuesday.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.