Read MoreThe new hourly rate of 23 Swiss francs - equivalent to $25 (Sh2,700) or €22 - will give a minimum monthly salary of 4,000 francs (£3,350; Sh469,000). When Switzerland went into lockdown last March, images of lines of people at food banks in Geneva made headlines. What should I do?”Geneva’s minimum wage came into law not because the government imposed it, but because Geneva citizens proposed it as a “people’s initiative”. Switzerland’s system of direct democracy means the voters have the final say, so the minimum wage is now obligatory. A yes to that could cost far more than Geneva’s world-beating minimum wage.

Source: Standard Digital November 03, 2020 07:30 UTC