Europe's Best Paid Cities - by Parmy Olsen
Like the feeling of a hefty wage packet? Move to Switzerland. That's where you'll find the two cities with the highest-paid workers in Europe, according to a new survey of wages that was released on Wednesday. Residents of Zurich, in the German-speaking part of the country, earn an average $22.60 an hour after taxes, while Geneva's French-speaking citizens earn an average $20.40 an hour. Salaries are not so first-rate in Kiev, Ukraine. It ranks last. Workers there earn a measly $2.40 an hour on average, or just over a tenth of what the Swiss earn.
The biggest faller in the pay rankings is London. Three years ago the British capital was in the No. 2 spot, but now it has slid 19 places, to 21. The reason? The falling pound has made London employees for multinational companies around 25% cheaper in first half of 2009 than they were three years ago.
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