Wednesday, 30 September 2020

Geneva to Raise Minimum Wage to £3,500 a Month

THE GUARDIAN: Voters back increase amid reports of growing poverty linked to Covid-19 pandemic

Geneva is to raise its minimum wage to almost £3,500 a month, reported to be the highest in the world, after locals approved the measure in a surprise vote result sparked by reports of growing coronavirus-linked poverty in the Swiss city.

The canton’s 500,000 voters passed the increase proposed by local unions and leftwing parties, after twice rejecting it in 2011 and 2014.

The minimum hourly wage will rise to just under £19.50 an hour, more than twice the rate in neighbouring France, with a guaranteed minimum monthly salary of 4,086 Swiss francs (£3,457) based on a 41-hour working week, or 49,000 Swiss francs (£41,430) a year, in one of the world’s most expensive cities to live. » | Kim Willsher in Paris | Wednesday, September 30, 2020