Cayman Islands Switzerland

Updated 2026-05-04

Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Switzerland

No statutory minimum wage

Avg. Gross Salary

CHF7,800 /mo

Unlike Switzerland, which has no statutory minimum wage, the Cayman Islands mandates a wage floor of $11/hr.

Detailed Comparison

Detailed wage comparison between Cayman Islands and Switzerland
Metric	Cayman Islands	Switzerland	Diff
Minimum wage /hr	$8.75 $10.50	None	—
Minimum wage /mo	$1,516.67 $1,820.08	None	—
Minimum wage /yr	$18,200 $21,840.87	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 Cayman Islands is higher.

Work Week

Cayman Islands: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Act.
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: the Cayman Islands mandates 40 hours while Switzerland mandates 42 hours.

See this comparison from Switzerland's perspective: Switzerland vs Cayman Islands

Compare Cayman Islands with...

Cayman Islands vs United States $ 7.25 /hr

Cayman Islands vs China ¥ 25 /hr

Cayman Islands vs Germany € 13.9 /hr

Cayman Islands vs United Kingdom £ 12.71 /hr

Cayman Islands vs India ₹ 4,576 /mo

Cayman Islands vs Japan ¥ 1,121 /hr

Cayman Islands vs France € 12.02 /hr

Cayman Islands vs South Korea ₩ 10,320 /hr

Cayman Islands vs Canada C$ 18.1 /hr

Cayman Islands vs Australia A$ 24.95 /hr

Cayman Islands vs Brazil R$ 7.37 /hr

Cayman Islands vs Russia ₽ 156.31 /hr

Cayman Islands vs Mexico MX$ 9,583.52 /mo

Cayman Islands vs Netherlands € 14.71 /hr

Cayman Islands vs Saudi Arabia ﷼ 23.08 /hr

Cayman Islands vs Turkey ₺ 164.94 /hr

Cayman Islands vs Poland zł 31.4 /hr

Cayman Islands vs Sweden

Cayman Islands vs Singapore

Cayman Islands vs Norway

Cayman Islands vs Austria

Cayman Islands vs Denmark

Cayman Islands vs Israel ₪ 35.4 /hr

Cayman Islands vs New Zealand NZ$ 23.5 /hr

Frequently Asked Questions

Is the minimum wage higher in Cayman Islands or Switzerland?

In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Switzerland, it is no statutory minimum wage.

How do work hours compare between Cayman Islands and Switzerland?

Switzerland has a longer standard work week at 42 hours, compared to 40 hours in the Cayman Islands. Workers in the Cayman Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in the Cayman Islands 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.