Nope. In the State system she’d have to speak German and have a Swiss teaching masters - although there is a teaching shortage so if she had the language they might make an exception on the qualification.
She’d be better looking at private schools where the language and qualification criteria are not so strict! But those jobs are not so easy to find as they are in the state sector.
Well if only one of you is working and the other is 100% at home looking after the kids the childcare costs will be roughly nil. So suddenly you’re in credit.
If both of you word then the 2nd income has to be more than enough to cover the childcare costs. Once the kids are in school those costs will be a fair bit less, probably you can see the charges on the gemeinde website.
Teachers are generally in short supply here and a qualified teacher should have no problem finding a position. But only if they speak the local language to a high level.
Oh boy. This company sucks. Not only are they lowballing you, also the “perks” are crap.
Your actual salary is only 8k so 96k per year. The 660 child benefit comes from the canton. They also make you pay for NBU and KTG which often is paid for by employer. Then, where is the pension plan? This seems to be the bare minimum again.
Housing cost assumption is too low. Health insurance too high if you are resonably healthy and go for 2500 franchise for you and wife. We pay ca. 750 a month with two kids.
I assume it’s over 13 months.
As BelgianMum mentioned, the salary should be 8x13 = 104.
It’s a bit weird that there’s withholding tax because married,1 earner, and 2 children = 0% income tax rate.
Possible of course. That still a thing?
Very much so.
They even voted to introduce the 13th month for the AVS pension.
The 13th ALV salary was a straight increase. In my experience, most larger companies have moved to paying in 12 salaries instead of 13.
Anyhow. The pension fund line in OP’s offer is what I wanted to point out the most.
Maybe some more explanation to OP could be useful:
Switzerland has a so called “three pillar” model for pension: Pillar 1 is state pension for which you pay 5.3% of gross and which will give you very little payout later. Pillar 3 is essentially private savings with some tax benefit. Pillar 2 - which is the relevant part here - is what is called “pension fund” or BVG where the engagement of the employer is key. Pillar 2 is your money and actually invested on your behalf.
In Pillar 2, there is a mandatory minimum (“obligatorisch”) set by your age and salary. By law employer and emplyee pay 50% each. Assuming you are 35 and make 100k, this minimum is about 6.5% or 6.500 per year, so 3.250 paid by you. The employer also contributes 3.250 and the money is invested in your pension account. Looking at the numbers, this seems close to what you have been offered.
Many, if not most employers offer more than the mandatory minimum (“ueber-obligatorisch”) on a voluntary basis. I just looked up my pension fund for the same case (35 yo, 100k gross): The total contribution now is 18% or 18.000 per year which is split 40/60. So employee pays in 7200 per year and employer pays in 10.800 per year. Again, this money goes into your personal pension account.
Your employer is cheap.
The childcare costs would only be necessary if your wife was working as well and then you would have her salary to offset those.
It would be madness to pay for childcare if one parent was not working.
The car is also a money saver assuming all expenses are covered and you can use it for private use and not just for company business.
You could probably make savings on food shopping and health insurance by shopping around.
Health insurance costs vary by location so it’s worth plugging a few different places into the premium calculator to get an idea of the differences.
Parking spaces are sometimes difficult to get and are not cheap. Something else to consider. In the first place I lived in, I applied for a parking space in the nearest car park and was told there was a 3 year waiting list…
I am busy compiling an email to the boss for him to reconsider the offer.
I did not mention earlier, but my wife is a T1 diabetic, and requires CGM and Insulin. Am I correct in saying that for her medical insurance we need to choose a low deductible as we will reach her threshold quickly? Do we need to take any supplementary insurance for Diabetes?
You don´t need supplementary insurance for diabetes. The standard insurance covers that.
Yes, if she requires regular medication then it’s financially better to have the lowest deductible.
The lowest deductible plus monthly payments costs less in total than the highest deductible (if you use it all) plus monthly payments. So the high deductible is only worth it if you are unlikely to use it.
No supplementary insurance necessary, in fact she would almost certainly be denied supplementary cover as she has a pre-existing condition.
Basic insurance will cover everything she needs but you should take the lowest deductible for her, zero for the kids and if you’re generally fit and well and don’t visit the doctor often the highest for you.
Most employers in switzerland are being cheap on pension fund, what you provide as numbers are more from a fantasy land of some rich corporate company, 360 from his excel + 360 from his employer actually looks very average and not bad.
There is no legal requirement to pay 2nd pillar on a salary of 100K as 100k is above the cap. 2nd Pillar has to be paid on earnings between 22050 - 90720, that’s all.
(1) OK, so 10k of the generous 100k are not subject to minimum pillar 2. For the other 90k the minimum still applies
(2) This does not change how crap the offer is
That’s what we did until a few years ago, we took the highest deductible for us and soon we started to visit the doctor more than one time per year as it would have been before (sometimes not even one time) It depends on one’s age, your remark is generally valid when you’re in your twenties or thirties.
The income from 0 to 22k (or whatever the inflation indexed value is this year) is covered by the 1st pillar.
I’d use “low” instead.
Crap is a emotionally charged word. We should have absorbed a bit of that Swiss neutrality mindset by now, right?