Sunday, May 18, 2014

Swiss Reject $25 Minimum Wage

(Bern, Switzerland)
Swiss voters overwhelmingly rejected a nationwide referendum Sunday that would have set the nation's minimum wage at $25 an hour and created the world's highest paid unskilled workforce.

Final results from Sunday's vote showed 76.3% of voters opposed the Decent Salary Initiative, which would have had the greatest impact on immigrants working in such jobs as agriculture, housekeeping and catering.
Interesting, eh? Notably, a reported 90 percent of Swiss workers already earn more then $25 per hour.

1 comment:

Wireless.Phil said...

$25 an hour plus benefits?
I was making that at the cellphone company back in the mid 90s and did it as a tech.
When I went contract, it doubled and sometimes trippled that.

Retired now, I miss those paychecks!


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