What impact does the trial period have on somebody’s eligibility for a lease?
The trial period in an employment context typically refers to the initial probationary period, during which both employee and employer are finding out whether the hire / the workplace is the right fit. In most cases, the trial period in Switzerland will last between 1 and 3 months. During this time, the notice period can also be considerably shorter than in a fixed position.
During an employment trial period, the uncertainty surrounding job stability makes individuals appear as higher-risk candidates to financial institutions and leasing companies. This comes from the potential for income instability, which could jeopardise the consistent payment of lease obligations.
Many leasing companies and banks prefer to approve agreements only after an individual has transitioned to permanent employment status, or if they can present a written confirmation from the employer that they will be able to keep their position beyond the trial period.
Whether someone is granted a lease while being in the trial period needs to be decided on a case-by-case basis.