(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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Sunday’s vote comes six years after Switzerland decided against a national minimum wage of 22 francs. The cantons of Neuchatel and Jura also have a legal floor.
Don_Elmo on September 27th, 2020 at 18:36 UTC »
Just so you can compare, here the average monthly wage for a few professions in Switzerland:
Teacher 8th grad: $8200
Computer scientist Programmer: $6600
Carpenter: $5500
Nurse: $5200
Cook: $4800
Gardener: $4700
Farmer: $4600
Retail worker: $4400
Hairdresser: $4000
Also: Here you have to go to school for 9 years, after which 2/3 of people learn a trade, which takes 3-4 years in most cases. Only the teacher example requires a master's degree, all others are trades that don't require to go to university.
edit: Working 40h/week at $25 would be about $4000.
edit 2: Since the topic of taxes comes up a lot, this is what I get/pay here in Switzerland (Everything in CHF, about 1.1USD):
8230 - gross income monthly
-435 old-age and survivors' insurance
-90 unemployment insurance
-70 accident insurance
-20 paid sick days
-465 pension fund
7150 - Net income (everything above gets paid directly by the employer)
-1000 taxes (+-)
-300 health insurance
5850 at the end of the month for everything else. That means taxes and all compulsory insurances are about 30% of my pay. This does not include 13th salary.
abbadon420 on September 27th, 2020 at 17:56 UTC »
Switserland is expensive though. They're the highest ranking on the big mac index
Edit: screenshot of the first part of the list, because paywall
second part of list
final part of list
DENelson83 on September 27th, 2020 at 17:10 UTC »
Or about CHF 23.