There is no national minimum wage in Switzerland. However, some cantons do have a minimum wage that applies in that canton. Some collective agreements and companies also have one for a specific industry or company. In 2020 the average monthly salary in Switzerland was CHF 6538.

As of 2026, Switzerland does not have a single national minimum wage; instead, it is set at the cantonal (state) level or through industry-specific collective labor agreements (CLAs). The Canton of Geneva currently has the highest minimum wage in the world, which rose to CHF 24.59 per hour on January 1, 2026 (approx. $28 USD). Other cantons with statutory minimum wages include Neuchâtel (CHF 21.35), Jura (CHF 21.40), Ticino (CHF 20.00–20.50), and Basel-Stadt (CHF 22.20). In cantons like Zurich that lack a legal minimum, many workers are still protected by CLAs that set floors around CHF 19–21. These rates are adjusted annually based on the Swiss Consumer Price Index to combat the high cost of living. For a full-time worker in Geneva, this equates to a monthly gross salary of roughly CHF 4,471, highlighting Switzerland’s commitment to preventing the "working poor" phenomenon despite its lack of a federal mandate.