It is the highest in the world. “You can’t live on less”



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Switzerland approves the highest minimum wage in the world:

“You cannot live with a salary of less than 3,500 euros“This principle becomes the norm in Switzerland. On Sunday, 58.15 percent of voters approved it by popular vote, completing the battle supported by the unions. A victory for the left, 6 years after the rejection with a federal referendum. In Geneva, the minimum wage limit established is around four thousand francs and employers and employers have an obligation to respect it.

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Specifically, the text sets an hourly rate of at least 23 francs (21 euros), for 41 hours of work a week. A guaranteed minimum wage which is also present in two other cantons, Neuchâtel and Jura. Switzerland, known for its very high income concentration, also suffered the economic effects of the closure and pandemic. The guaranteed minimum wage is approved in a context where it is easier to find people with financial difficulties. A quarter of these new poor are of foreign origin.

“Whole families with children – revealed a study by the Cantonal University Hospital – have fallen into a state of increasing food insecurity.” The unions and left-wing parties were especially expecting the measure from Geneva it is one of the most expensive cities in the world. The reform will enter into force on October 17 and will benefit some 30,000 low-paid workers, two-thirds of them women, many of them employed as cleaners or in restaurants or hairdressers. This is the highest minimum wage in the world.

Last update: 12:03


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