budget car hire switzerland

it would have been the highest minimum wagein the world, but swiss voters have rejected a proposal to pay workers the equivalent of$25 an hour. early polling results showed about 77 percentof swiss voters rejected the wage hike. switzerland currently has no minimum wage, and this measurewould have affected about 10 percent of the population. (via euronews) when adjusted for spending power, the swissminimum wage proposal would have amounted to about $14 an hour — that's more thanthe minimum hourly wages in other western nations with high pay floors — that, accordingto data from the organization for economic cooperation and development.

supporters — mostly trade unions — arguedraising the minimum wage was necessary considering switzerland's famously high cost of livingin cities like geneva and zurich. (via youtube / luczw's channel) but politicians and business leaders foughtthe proposal. they pointed to switzerland's low unemployment of 3.2 percent and expressedconcern that raising the minimum wage could cost jobs. (via bbc) switzerland's vote comes as several europeangovernments make a similar move to raise the minimum wage. next month germany's parliament is set tovote on a proposal to establish the country's

first federal minimum wage. (via the local) in france, president francois hollande hasraised the minimum wage twice since coming

budget car hire switzerland,into office. (via france 24) this was the third time swiss voters haveheaded to the polls in the past year two years to vote on issues involving pay. last yearswitzerland voted to limit salaries for executives to 12 times that of a company's lowest salary.