Study Says Switzerland Offers Europe’s Best Living Standards
In a study released by international salary comparison website Glassdoor, Switzerland offers Europe’s best living standards. The site researched the purchasing power of salaries across Europe, using US as a bench mark.
“Costs of living are high in Switzerland, but high nominal wages averaging 72,000 euros (US$81,313) compensate.”
Costs of living are high in Switzerland, but high nominal wages averaging 72,000 euros (US$81,313) compensate, according to Glassdoor. By comparison, wages average only 13,000 euros in the Baltic nation of Estonia. Despite the example of Switzerland, countries with high costs of living in their major cities do not necessarily offer the highest standard of living, Glassdoor said.
Glassdoor is the fastest growing jobs and recruiting site.
Glassdoor holds a growing database of more than 8 million company reviews, CEO approval ratings, salary reports, interview reviews and questions, benefits reviews, office photos and more. Unlike other jobs sites, all of this information is entirely shared by those who know a company best — the employees. Add to that millions of the latest jobs — no other site allows you to see which employers are hiring, what it’s really like to work or interview there according to employees, and how much you could earn. Glassdoor is also available via its mobile app on iOS and Android platforms. Glassdoor is headquartered in Mill Valley, California and was founded by Robert Hohman, Rich Barton and Tim Besse in 2007.
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