The SNB as an employer

Around 930 staff work at the SNB. Our offices in Zurich and Berne are situated at prime locations in the heart of the city, and offer modern working environments with the latest technology.

Equal pay - 'We Pay Fair'

Label We pay fair
Seal of approval Social Partnership Centre for Equal Pay in the Banking Industry

The Swiss National Bank is committed to ensuring that men and women receive equal pay for work of equal value. This has been confirmed by the equal pay analysis required by law, which was carried out by the University of St. Gallen's Competence Centre for Diversity & Inclusion (CCDI) using the federal government's standard analysis tool 'Logib'. On the basis of its positive result, the SNB was awarded the 'We Pay Fair' label, and it has also received industry certification from the social partners' centre for equal pay in the banking industry ('SF LoBa').

The findings of the legally required equal pay analysis are pleasing. They confirm the internal analyses previously carried out as part of the annual pay round. The SNB seeks to ensure that every employee is paid according to their role and thus irrespective of their gender. We will therefore continue to advocate equal pay in the workplace.

Regular participation in the St. Gallen Diversity Benchmarking will enable us to track our progress over time in terms of diversity and inclusion and draw industry comparisons.

Label St. Gallen Diversity Benchmarking 2022

Work-life balance

Our staff can shape their working hours according to an annual working time model based on flexibility and personal responsibility. The annual working-hour target for full-time employees is based on an average working week of 42 hours.

To support staff in managing their lives and striking the right balance between family and career, we offer the possibility of part-time work, unpaid holiday and home office.

Our holiday entitlement is 25 days until the age of 50, 27 days until 60, and 30 days thereafter.

Family

Our female staff are entitled to four months paid maternity leave (at 100% of gross salary) from the date of birth. Paternity leave is 3 weeks.

In addition to the cantonal child allowance, parents receive a voluntary family allowance.

We run a vacation centre in Hasliberg/Meiringen in the Bernese Oberland, so that staff and their families can enjoy low-priced holidays in the Alps. Together with other central banks, we also offer our employees the possibility of staying at vacation centres abroad at preferential conditions.

Health

The health of our staff is important to us. To this end, we offer a range of measures aimed at promoting and maintaining individual responsibility for health among our employees, including an annual health allowance, a sports programme, ergonomic workplaces, healthy meals at our staff restaurants in Zurich and Berne and much more.

Service anniversary

Staff loyalty is rewarded every five years in the form of a holiday and/or pro rata salary payment. After 20 and 30 years of service, sabbaticals are possible.

Salary

Salaries at the SNB are fair and competitive, based on academic qualifications and professional experience, as well as job requirements and performance.

Insurance

Our staff are well insured. We offer private accident insurance as well as additional insurance for worldwide coverage in the event of accident or illness.

The SNB pension fund is a legally independent cooperative. It is actuarially autonomous and based on a defined contribution scheme. Staff can choose to retire between the ages of 58 and 68 years old, and SNB contributions are generous.

Banking services

The SNB provides its employees with a variety of advantageous conditions with regard to banking services. These include an SNB bank account with a preferential interest rate, a securities account, a safe deposit box and a Maestro card, all of which are free of charge.

Reka checks

SNB staff are entitled to purchase a given number of Reka checks at preferential conditions each year. They can be used in payment for items including rail tickets, holiday arrangements and petrol.