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Xing, the leading business and careers network in Germany, Austria and Switzerland (DACH), just launched its “Xing Executives Circle” program in Switzerland.

The new program is aimed exclusively at senior-level managers and will carry a membership fee of just under 4000 Swiss francs per year.

Xing members who sign up for the program will get access to a closed online group. Additionally, the members will meet five times a year at an exclusive location with a maximum of 15 other managers. The first group are to meet at the Dolder Grand Hotel in Zurich on 5 September.

It is already active in Germany and Austria where there are 13 such groups, the Handelszeitung reported.

According to Yves Schneuwly, managing director of Xing Switzerland, the offer is intended as an additional incentive for top executives. “The participants learn from the knowledge and experience of the other Circle participants and can use this knowledge to better master the challenges of their professional lives”, Schneuwly told the Handelszeitung.

Xing has about 1 million members in Switzerland, and a total membership of over 14 million. It enjoys a lead over LinkedIn in the German-speaking countries of the DACH region; D – Deutschland (Germany), A – Österreich (Austria), CH – Schweiz (Switzerland).