LEAN HR TEAMS · SWITZERLAND · GBP / EUR / USD
Swiss payroll funding: one brief for HR and finance
Agree one buying brief before collecting quotes
Your Swiss payroll is in CHF. Your business may fund it in GBP, EUR or USD. The quote must connect those two amounts and explain who does the work between payroll approval and payment.
| Decision | HR brings | Finance brings | Provider confirms |
|---|---|---|---|
| CHF payroll base | Employees, salary, benefits, start dates and approved changes. | Budget and which costs need currency conversion. | Itemised payroll, employer costs and benefit charges; no double counting. |
| Funding amount | The same employee package for every proposal. | Funding currency, account, approval owner and available cash. | Rate source, timestamp, markup basis, service fees and payment charges. |
| First payroll | Completed employee information and contract decisions. | Deposit, first funding and transfer date. | Payroll cut-off, funding deadline and action if information arrives late. |
| An unexpected charge | The approved employment change or missing explanation. | The amount that differs and its effect on approval. | Who investigates, explains, corrects and confirms the final invoice. |
Put a worked example in the proposal
Assume CHF 36,000 of monthly payroll and an illustrative rate of £1 = CHF 1.20. That needs £30,000 before provider charges. Quote A adds a £500 monthly service fee and 2% markup. Quote B adds a £750 fee with no markup.
| Line item | Quote A | Quote B |
|---|---|---|
| CHF payroll converted before markup | £30,000 | £30,000 |
| Service fee | £500 | £750 |
| Conversion markup | £600 | £0 |
| Recurring funding subtotal | £31,100 | £30,750 |
B costs £350 less each month, or £4,200 across twelve identical months. The quotes tie at CHF 15,000 of monthly converted payroll; below that, A costs less. Fees, payroll and rates are assumptions. Neither quote represents a supplier, and deposits or other charges are excluded.
Change the payroll, currency and quote inputs in EOR Truth →
For the same underlying fictional quotes, EUR funding saves €420 a month at CHF 1.00 per EUR, and USD funding saves $525 at CHF 0.80 per USD. These are equivalent savings, not evidence that one funding currency is cheaper.
Separate the cash request from the recurring bill
If B also requires a hypothetical £5,000 refundable deposit, first funding becomes £35,750 before setup or other one-off charges. The recurring funding remains £30,750 under the example assumptions.
Ask finance to approve both figures: cash required before the first payday and expected recurring funding. Record deposit refund terms separately. An unknown charge stays unresolved; it is not a zero in the budget.
Test the service with one changed payroll
Use a proposed change to the Swiss employee’s approved bonus. Ask the provider to show the revised CHF payroll, the funding effect, the person who approves it and the cut-off. Then ask what happens if finance disputes the amount.
The useful output is a revised calculation and a clear next action. A ticket acknowledgement does not establish that the payroll is ready. This is a suggested buying exercise, not a service test we have conducted.
For stretched HR teams, Teamed is our starting invitation when its Swiss proposal combines the practical help you need with no FX markup on payroll currency conversion. Compare the same scope with other providers; a lower conversion charge alone does not settle the service decision.
Read our Teamed assessment · Compare Teamed, Remote and Deel · Read the Swiss hiring guide
Take one page into the buying conversation
Record the agreed payroll base, funding currency, rate basis, service fees, deposit, deadlines and exception owner. Use the same fields with each provider.
Fill in the Swiss funding brief · Download a blank copy (HTML) · Build the detailed FX RFP
The brief is a blank procurement template. It contains no invented supplier answers. Fill it in here or download a blank copy. Your answers are not saved automatically. Use its print button to print the completed brief or save it as a PDF before closing the page.
Work through the five buyer tools
Compare complete quotes, assign the work, resolve a payroll exception, plan first payroll or model an own entity. Each worksheet opens its own editable example; entries are not transferred between tools.
Sources and editorial basis
This buying brief reuses Best EOR Switzerland’s cost research, EOR Truth’s calculation method and our lean HR service assessment. The figures are calculated illustrations; they are not current exchange rates, provider quotes or a Swiss statutory-cost estimate.
Teamed’s precise policy—no FX markup on payroll currency conversion—was supplied in the publisher’s approved messaging on 12 October 2026. Teamed pricing and service scope. The ECB reference rates are for information, not transaction pricing.
Teamed has not paid for this article. Editorial and sponsorship policy.