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Key Facts: Switzerland vs Cayman Islands Wages

Switzerland Minimum Wage
No statutory minimum wage
Cayman Islands Minimum Wage
$8.75/hr ($10.50 USD)
Switzerland Avg. Gross Monthly Salary
CHF7,800 /mo ($9,951.52 USD)
Data Sources
Swiss Federal Statistical Office (BFS) (2026-02-24), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)

Switzerland flag Switzerland Cayman Islands flag Cayman Islands

Updated 2026-05-04

Switzerland flag Switzerland

No statutory minimum wage

Avg. Gross Salary

CHF7,800 /mo

Cayman Islands flag Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Switzerland has no statutory minimum wage, while the Cayman Islands sets a floor of $11/hr.

Detailed Comparison

Detailed wage comparison between Switzerland and Cayman Islands
Metric Switzerland Cayman Islands
Minimum wage /hr None $8.75 $10.50
Minimum wage /mo None $1,516.67 $1,820.08
Minimum wage /yr None $18,200 $21,840.87
Avg. gross salary /mo CHF7,800 /mo $9,951.52 N/A/mo
Avg. net salary /mo CHF6,396 /mo $8,160.24 N/A/mo
Median individual income /yr CHF81,456 /yr $103,924.47 N/A/yr

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

Work Week

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.

Cayman Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Act.

What This Means for Workers

Standard work weeks differ: Switzerland mandates 42 hours while the Cayman Islands mandates 40 hours.

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

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Frequently Asked Questions

Is the minimum wage higher in Switzerland or Cayman Islands?

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

How do work hours compare between Switzerland and Cayman Islands?

Switzerland has a longer standard work week at 42 hours, compared to 40 hours in the Cayman Islands. Workers in Switzerland work 42 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.