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(Bloomberg) -- Swiss industrial companies are increasingly relying on robots and a look at their employees’ payslips may explain why. The average annual wage is more than $58,000, among the highest in the world, according to data from the Organisation for Economic Cooperation and Development. Coupled with the unsinkable franc, that leaves companies few options if they want to continue producing in Switzerland.

--With assistance from Catherine Bosley

To contact the reporter on this story: Alice Baghdjian in Zurich at abaghdjian@bloomberg.net.

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Zoe Schneeweiss

©2017 Bloomberg L.P.

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