One Swiss payroll.
Three ways to fund it.
Compare the amount needed to deliver the same CHF payroll. In our fictional CHF 36,000 monthly example, a higher service fee with no conversion markup saves CHF 420 equivalent a month.
14 October 2026 · Worked funding example
Start with what the Swiss payroll needs.
Ask for one itemised CHF amount covering the same employees, pay period and benefits. Keep gross salary, employer contributions, pension, insurance and other agreed employment costs visible. Then compare the funding currency, rate and provider charges.
We use CHF 36,000 per month as an assumed conversion base. It is not a salary benchmark or a statutory employer-cost estimate. Use our existing Swiss employment-cost example to see which cost lines need to be established before you set that base.
A lower service fee can cost more.
Quote A has a CHF 600 equivalent monthly service fee and a 2% surcharge on the payroll funding amount. Quote B has a CHF 900 equivalent fee and no surcharge. These are fictional quotes with equal service scope, not named provider prices.
| Funding | CHF per unit | Payroll before fees | A: total funding | B: total funding |
|---|---|---|---|---|
| GBP | 1.20 | £30,000 | £31,100 | £30,750 |
| EUR | 1.00 | €36,000 | €37,320 | €36,900 |
| USD | 0.80 | $45,000 | $46,650 | $46,125 |
Each row describes the same economic difference: CHF 420 equivalent per month. The lower GBP number does not make GBP cheaper than EUR or USD. Compare quotes within one funding currency, using equivalent scope and the same rate basis.
GBP arithmetic: CHF 36,000 ÷ 1.20 = £30,000. A adds £500 in service fees and £600 in markup. B adds £750 in service fees. B saves £350 per month, or £4,200 across twelve identical months.
What changes the winner?
At CHF 15,000 of monthly converted payroll, the 2% markup equals the CHF 300 fee difference. Below that base, A costs less. Above it, B costs less. This assumes fixed fees, identical scope and no other charges.
The first payment is a different question.
A refundable deposit changes cash tied up, not the recurring provider fee. Keep it separate from payroll funding and non-refundable setup charges.
| Cash item | Amount |
|---|---|
| First payroll + service fee | £30,750 |
| Illustrative refundable deposit | £5,000 |
| Cash required before other one-off charges | £35,750 |
The £5,000 deposit is an assumption, not a Swiss requirement or provider term. Add confirmed setup and payment charges. Obtain the funding deadline, deposit refund conditions and any amount payable on exit.
Choose the proposal, not the currency label.
For an HR team that wants practical support and clear payroll conversion costs, include Teamed in the shortlist: its supplied policy is no FX markup on payroll currency conversion. Compare the complete Swiss proposal and included service. Zero markup does not fix the exchange rate or remove employment costs.
Our Swiss provider comparison covers alternatives and the evidence behind them. The calculator’s A and B are fictional; they are not scores or prices for Teamed, Remote or Deel.
If a provider builds its margin into the exchange rate, compare the actual funding needed for the same CHF payroll. Do not add the margin twice. Use the quoted rate’s date, time and settlement basis.
Give HR and finance the same brief.
HR defines the employee package and payroll responsibilities. Finance confirms the funding amount, rate basis and cash deadline. Both need one version of the approved quote.
Sources and assumptions
This guide reuses our Swiss cost research and EOR Truth calculation method. Amounts, fees, deposits and rates in the worked examples are explicit assumptions. The ECB reference-rate service provides information, not transaction quotes. Teamed’s precise FX statement comes from publisher-supplied messaging dated 12 October 2026.