Conditions of employment

FINMA hires its staff under public-law contracts. However, it is largely independent when it comes to setting the conditions of employment and has its own personnel ordinance and HR and working time regulations.

FINMA applies a fair and simply structured salary policy which is in line with the market as far as possible. The individual annual salary is set based on criteria related to function and paid in twelve monthly instalments. There are no variable salary components or complicated bonus systems.

Fringe benefits are transparent for all employees. Since 2015 FINMA’s salary policy has been assessed annually by independent control bodies and has been awarded recognised equal pay certificates. FINMA is also a founding member of the “Charter for equal pay in the public sector” introduced by the Federal Office for Gender Equality.

Employees receive their full salary for twelve months in the event of sickness or accident. They receive 90% of their salary for a further 12 months. FINMA covers the premiums for non-professional accident insurance in full.

FINMA employees are insured against the risks of old age, death and invalidity in their own pension fund under the PUBLICA collective foundation. This is a defined contribution scheme. FINMA as employer pays all risk contributions and more than half of the savings contributions for all age groups. FINMA employees can also choose to pay a voluntary monthly savings contribution to improve their personal pension provision.

FINMA offers all of its employees attractive fringe benefits:

• An SBB GA travel card or a lump-sum travel allowance
• Subsidised staff canteen
• Option to hold an account at the Federal Employees’ Savings Bank with attractive conditions
• Independent advice on personal and workplace issues from partner company Movis – an external, neutral consulting company