Every inbound assignee must be paid a salary that meets Swiss reference salary requirements for the time working in Switzerland. Thus, salaries currently paid in euro bear the risk to turn out to be too low and therefore not to be compliant anymore as a consequence of the decision of the SNB.
Regulatory bodies all over the world continue to address issues that became apparent in the financial crisis. The beginning of the New Year is a good point in time to take stock of the regulations that has entered into force on 1 January 2015, and of regulations in discussion during 2015.
As of January 1st 2015 only few changes in Swiss Immigration Law will become effective. But those few changes, in particular the reduction of work permit quotas, will have drastic consequences. The following shall give you an overview of the changes and their impact as well as related mitigation recommendations.