Free Simulation of the Costs of Wage Portage in Switzerland
Are you interested in MITC’s wage portage service? Would you like more information about its costs?
Want to get a better idea of your take-home salary as one of our consultants?
Provide us with this information so we can better advise you:
- What is your Canton of work?
- What is your activity rate?
- What is your birthday?
- Do you charge by the hour for your assignments? At a monthly rate?
- What is your daily rate, or the gross annual income you’re after?
- Are any costs charged back to the customer?
Fill in the form and we will contact you for a free simulation and with personalised advice.
Some information to provide us with so we can better advise you:
Any questions about the wage portage simulation?
We've got the answers...
As a contractor, you will receive a monthly payslip from the wage portage company (your employer). Your net monthly salary will correspond to the rates (excluding VAT) charged to your clients, less a set of “fees”:
- Social security contributions
- The wage portage company’s management fees
- Possible operating costs and expenses billed.
The calculation of the final income will also depend on the products and services chosen. For example, MITC’s income protection, sickness and accident insurance coverage is among the most comprehensive on the market.
The contractor invoice is broken down into gross salary, MITC social contributions and management fees.
The various fees listed above will need to be taken into account when discussing rates with your clients. Think about the salary you want and add the various expenses. As a general rule, add 25% to the desired gross salary and you will get a good estimate of the amount to be invoiced (excluding VAT).
MITC’s management fees for wage portage are not only transparent and flexible but also very competitive. They represent a percentage of the invoiced amount with a maximum limit to avoid over-invoicing. The services included in the management costs are as follows:
- Permenant contract between the contractor and MITC, or fixed-term contract for a particular project (we will provide the most suitable contract for you)
- Support in the set up and drafting of the contract with your client
- Invoicing and payment collection from your clients (focus on your assignments, we’ll take care of the rest)
- No management fees on travel expenses
- Production of monthly pay slips accessible on our online platform
- Salary paid upon receipt of a time sheet validated by the client (this saves you from having to wait up to 90 days for your client’s payment)
- Working capital provided by MITC (plan your income to avoid large differences between months)
- Application of the Swissstaffing collective bargaining agreement (CCT)
- Coverage of all administrative tasks
- For the final calculation of profitability, the insurance provided by MITC must be included:
- Income protection insurance: Don’t be left without income if you fall ill. Receive 90% of your salary for 730 days!
- Basic accident insurance (obligatory in Switzerland) & supplementary accident insurance (private room, 10% of salary in addition)
- Pension fund (several choices available)
Salary is based on billable hours. It is therefore not “guaranteed” if nothing is charged. On the other hand, when there are significant differences in earnings from one month to the next, it is possible to “smooth out the salary”, so that the consultant receives a constant salary. For example, if you charge CHF12000 the first month, CHF6000 the next month and CHF10000 the third month, you can “smooth out” the salary to CHF9000 per month.
This does not affect the payment of wages. The consultant will be paid by the wage carrier from the moment they have communicated their billable hours. Added protection for the consultant!
The employment contract which will bind you to MITC will be an employment contract under Swiss law, either permanent or fixed-term. The type of contract will depend, among other things, on the nature of the assignment with your client.
Yes. Wage portage income is considered as temporary income if it does not reach the total amount of unemployment benefit. On the other hand, the unemployment benefit is reduced by the amount earned from wage portage. This means that the total income at the end of the month equals what would be received on unemployment benefits, however, the duration of time one can receive unemployment benefits is longer.
Holidays are paid by wage portage services. They are based on the salary earned during the months worked.
Unlike France, here is no minimum wage to be able to access a wage portage service in Switzerland.
Do you have any more questions?
+41 78 905 77 07