Nestlé, Credit Suisse and Google are the best companies to work for in Switzerland, according to a survey by Sweden's Universum Communications.

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UBS

Nestlé best employer in Switzerland: survey

Nestlé, Credit Suisse and Google are the best companies to work for in Switzerland, according to a survey by Sweden's Universum Communications.

Nestlé best employer in Switzerland: survey
Nestle

Striking a balance between professional and personal life remained the single most important indicator of job satisfaction, the survey found.

More than 3,700 employees with academic qualifications were interviewed for the survey.

Apart from the work-life balance, the majority said they also wanted to be intellectually challenged at work, a goal pursued by more and more professionals.

Nestlé, Credit Suisse and Google were followed in the survey  by UBS and the Swatch Group. Rounding out the top ten were Swiss, Novartis, Migros, Lindt&Sprüngli and the International Committee of the Red Cross.

Compared with the 2010 ranking, the positions remained the same, said Universum Communications.

In Universum’s global ranking, published in September, Nestlé occupied 19th position, with Credit Suisse 33rd and UBS 35th. Search engine giant Google topped the podium. 

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NESTLE

‘Unlimited resources’: Switzerland’s Nestle goes vegan

Swiss food giant Nestle, which has made billions with dairy products, said Monday it will host start-ups that want to develop vegetarian alternatives.

'Unlimited resources': Switzerland's Nestle goes vegan
Photo: SEBASTIEN BOZON / AFP

Nestle could thus find itself at the forefront of a sector that has strong growth potential, an analyst commented.

It plans to open its research and development (R&D) centre in Konolfingen, Switzerland to “start-ups, students and scientists” a statement said.

In addition to testing sustainable dairy products, the group plans to encourage work on plant-based dairy alternatives, it added.

Chief executive Mark Schneider was quoted as saying that “innovation in milk products and plant-based dairy alternatives is core to Nestle's portfolio strategy.”

The group unveiled a vegetable-based milk that had already been developed with the process, and technical director Stefan Palzer told AFP it planned to focus on 100-200 such projects a year.

Jon Cox, an analyst at Kepler Cheuvreux, noted that while Nestle had missed some consumer trends in the past, it has now “taken something of a lead in the plant-based alternative market for food”.

And “given its pretty much unlimited resources, Nestle is going to come out one of the winners in the space,” Cox forecast in an e-mail.

Nestle said that “internal, external and mixed teams” would work at the R&D centre over six-month periods.

Nestle would provide “expertise and key equipment such as small to medium-scale production equipment to facilitate the rapid upscaling of products for a test launch in a retail environment,” it added.

The Swiss food giant has long been known for its dairy products, but faced a boycott in the 1970s for allegedly discouraging mothers in developing countries from breastfeeding even though it was cheaper and more nutritious than powdered formula.

On Monday, the group's statement also underscored that the research initiative was part of its commitment to help fight global warming.

“As a company, we have set ambitious climate goals. This is part of our promise to develop products that are good for you and good for the planet,” it said.

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