Geneva, Switzerland will have the Highest Minimum Wage in the World | Instant News


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Residents of the canton of Geneva (Switzerland) voted in a referendum on September 27, to pronounce in favor of a minimum wage of 23 Swiss francs per hour (25 dollars), the equivalent of about 4,450 dollars per month, thus reaching highest monthly salary in the world .

About 58% of voters support the new measure, which will take effect in mid-October and will benefit 30,000 employees in the region. Michel Charrat, president of Groupement Transfrontalier Européen , an independent organization supporting workers on the Franco-Swiss border, called the vote a “ sign of solidarity ” with the urban poor, who are considered one of the best places in the world to live.

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Pandemic as an eye opener

“ COVID-19 has shown that certain sectors of the Swiss population cannot live in Geneva, ” Charrat said explaining that it is more than 4,000 Swiss francs is the ” minimum to avoid falling below the poverty line ”.

According to Swiss media, the Coronavirus Pandemic provided a decisive impetus for this initiative, which Genevans had rejected in two previous consultations, in 2011 and 2014.

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