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Key Facts: Turks and Caicos Islands vs Switzerland Wages

Turks and Caicos Islands Minimum Wage
$8/hr
Switzerland Minimum Wage
No statutory minimum wage
Switzerland Avg. Gross Monthly Salary
CHF7,800 /mo ($9,951.52 USD)
Data Sources
TC Weekly News — Minimum Wage Increase (2026-05-04), Swiss Federal Statistical Office (BFS) (2026-02-24)

Turks and Caicos Islands flag Turks and Caicos Islands Switzerland flag Switzerland

Updated 2026-05-04

Turks and Caicos Islands flag Turks and Caicos Islands

Minimum Wage

$8 /hr

Switzerland flag Switzerland

No statutory minimum wage

Avg. Gross Salary

CHF7,800 /mo

Unlike Switzerland, which has no statutory minimum wage, Turks and Caicos Islands mandates a wage floor of $8/hr.

Detailed Comparison

Detailed wage comparison between Turks and Caicos Islands and Switzerland
Metric Turks and Caicos Islands Switzerland
Minimum wage /hr $8 None
Minimum wage /mo $1,386.67 None
Minimum wage /yr $16,640 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 Turks and Caicos Islands is higher.

Work Week

Turks and Caicos Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Ordinance.

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: Turks and Caicos Islands mandates 40 hours while Switzerland mandates 42 hours.

See this comparison from Switzerland's perspective: Switzerland vs Turks and Caicos Islands

Compare Turks and Caicos Islands with...

Frequently Asked Questions

Is the minimum wage higher in Turks and Caicos Islands or Switzerland?

In Turks and Caicos Islands, the minimum wage is $8/hr. In Switzerland, it is no statutory minimum wage.

How do work hours compare between Turks and Caicos Islands and Switzerland?

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