Geneva Voters Agree to $25 Minimum Hourly Wage
(Bloomberg) -- Geneva voted in favor of a minimum hourly wage of 23 francs ($25), the latest effort in Switzerland to ensure people are able to live decently from their salary.
Nearly 58% of voters in the canton, or state, backed the measure designed to “combat poverty” and “respect human dignity,” according to data published on the government’s website.
More than 300,000 people commute from France to work in the Switzerland each day, with the biggest contingent in the Lake Geneva region. The cost of living in Switzerland is high, and cross-border commuters sometimes get blamed for undercutting locals on wages.
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