Good salary for a family of three in Basel

Hello,

I may get an offer for a job in Basel. We’re three (wife, five year old son, and I). We have dual citizenship (British-Italian). At the moment we’re in the UK and with our combined income we usually save 1000-1500 pounds a month. We don’t live a fancy life by any means. Our only luxury is having a second hand car and visiting parks on weekends. How much should I ask from my new employer to live a similar life in Basel and save a bit more money per month? I was thinking on living in Kaiseraugst or Rheinfelden to save some money and because it’s not far from my workplace. Thanks.

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I’ve always thought that salary is first and foremost dependent on the job, rather than on the lifestyle of the employee.

Having said that, if you’re the only “breadwinner” I’d not settle for anything lower than 120k gross annual.

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What kind of job is it, level of seniority? Small or large company?

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It’s a machine learning / data scientist role at Roche. I wont be supervising anyone, but I already have about five years of experience in a similar role.

You should be able to negotiate far more than the 120k i suggested. Push hard! :slight_smile:

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Thanks gaburko!

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This is base (excl.bonus) salary range for similar roles according to Michael Page. You can download the report if you leave a corporate email address. I would expext that Roche is generally higher than the average.

Also check out Glassdoor that have reasonable salary reviews.

And great to have salary threads again.

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Thanks Komsomolez!

Hey, that’s right at the border between the cantons of Baselland and Aargau. Both of those municipalities are in Argau.

On average, Aargau has lower income taxes than Basellland. For year 2023, married, single income, 1 child, no religion, 125k income, yields an income tax rate of 7.45% in Kaiseraugst (AG) VS 10.24% in Augst (BL). These are statistics published by the Swiss federal government Cookie Not accepted

But, health insurance may have a higher impact on the family budget. I have no idea why but cantons Baselland and Baselstadt have higher health insurance prices than Aargau. Article is in French, use online translation La flambée des primes maladie 2024 en cartes et en graphiques - rts.ch - Suisse

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Here is what Glassdoor says. Both with high confidence which means there are 15-20 data points behind. And this is base. Others may have more insight - I don’t even know what a Data Scientist does.

Glassdoor also is good for reviews of culture, perks etc. so I recommend signing up.

For international hires, HR often offer to run a gross/net calculation. Not that you shouldn’t/couldn’t do that youself.

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Around 120.000 gross / year should be decent … do keep in mind that if it is a bit lower you will not have the hassle of doing taxes and stuff, but again the bigger the better.
you can probably save a bit of money if you move to the neighbouring towns around Basel.
Good luck

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Depends on how much you coffee you drink. Figure around 4 to 5 SFr fur a cup at any cafe.

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Thanks Komsomolez, Axa, AlexSec, and RobBob. That’s all very useful.

Is this a permanent position or external contract ?

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Permanent.

Then you’ve done well, most of those jobs are going to the ‘hubs’ outside of Switzerland. You’ll be offered a salary and it’ll have been pretty carefully calculated, there are teams in Roche constantly looking at what the market is paying. You might have some wiggle room, but not a lot. If you’re renting then there’s not much difference per sqm between Aarau and Basel Land, all ‘depending’ but BL taxes are higher. However you might consider that there are way more Brit expats in places like Allschwil, Riehen, Binnigen, Oberwil, Botmingen and around the city.

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I left Roche a few years ago, working around the area that this job would be in - these sound about right for someone with five or ten years relevant experience but could be higher for the right person if they need a real expert and supply is low.

My wife is still there so I keep vaguely aware of current rates.

For employees there is a bonus scheme, variable amount but based on 9% for lower level positions, 13% for more senior ones (but not entirely dependent on the “senior” in the job title, i.e. that role could still be at the lower level) and 17% for higher-level, e.g. managers. All subject to annual review scores and company profits etc.

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Wow. That is low. Are these bonus payments purely based on individual performance or mainly on corporate results?

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It changes from time to time, but a combination of personal goals, which can be up to 150% of that part, corporate goals, which can also vary to be more or less than the 100%. So in theory one could get one and a half time that but I doubt it’s ever happened.

There used to be a third part, something to do with team/dept goals or some such, but I think it’s been simplified since.

Low? I don’t really know what to compare it with, but salaries for long-term expert-level staff can be significantly higher than those listed, so…

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Your paygrade (which are very wide, overlapping bands) fixes the % of your gross that can be awarded… for most it’s 10, 14 or 17. Your manager awards you a % of that % (usually 100% unless ‘really bad’ or ‘exceptionally good’) and it’s combined with a % of ‘company performance’ (which is really obscure because your ‘department’ is included in the calc)… but. the more profit the bigger the amount). After covid the total bonus was pretty good for everyone… not so much the last few years.

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