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Key Facts: Bermuda vs Switzerland Wages

Bermuda Minimum Wage
$17.13/hr ($17.13 USD)
Switzerland Minimum Wage
No statutory minimum wage
Switzerland Avg. Gross Monthly Salary
CHF7,800 /mo ($9,951.52 USD)
Data Sources
Government of Bermuda — Advancing a Fair and Sustainable Minimum Wage (2026-05-04), Swiss Federal Statistical Office (BFS) (2026-02-24)

Bermuda flag Bermuda Switzerland flag Switzerland

Updated 2026-05-04

Bermuda flag Bermuda

Minimum Wage

$17.13 /hr

$17.13 USD

Switzerland flag Switzerland

No statutory minimum wage

Avg. Gross Salary

CHF7,800 /mo

Unlike Switzerland, which has no statutory minimum wage, Bermuda mandates a wage floor of $17/hr.

Detailed Comparison

Detailed wage comparison between Bermuda and Switzerland
Metric Bermuda Switzerland
Minimum wage /hr $17.13 $17.13 None
Minimum wage /mo $2,968.87 $2,968.87 None
Minimum wage /yr $35,630.40 $35,630.40 None
Avg. gross salary /mo N/A/mo CHF7,800 /mo $9,951.52
Avg. net salary /mo N/A/mo CHF6,396 /mo $8,160.24
Median individual income /yr N/A/yr CHF81,456 /yr $103,924.47

Percentage differences are based on USD equivalent values. Positive means Bermuda is higher.

Work Week

Bermuda

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Act 2000.

Switzerland

42 hrs/wk standard

Max 45 hrs/wk

Overtime : 1.25x pay

No single statutory standard; typical contractual hours are 40-42/week depending on sector. Maximum legal hours: 45/week for industrial, office, and retail workers; 50/week for others. Overtime premium is 25% (can be compensated with time off by agreement). Swiss Labour Act (Arbeitsgesetz) governs working time.

What This Means for Workers

Standard work weeks differ: Bermuda mandates 40 hours while Switzerland mandates 42 hours.

See this comparison from Switzerland's perspective: Switzerland vs Bermuda

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Frequently Asked Questions

Is the minimum wage higher in Bermuda or Switzerland?

In Bermuda, the minimum wage is $17.13/hr ($17.13 USD). In Switzerland, it is no statutory minimum wage.

How do work hours compare between Bermuda and Switzerland?

Switzerland has a longer standard work week at 42 hours, compared to 40 hours in Bermuda. Workers in Bermuda work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Bermuda working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.