Geneva adopts world’s highest minimum wage
Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour -- believed to be the highest in the world. According to government data, 58% of voters in the canton were in favor of the initiative set the minimum wage at 23 Swiss francs an hour. While Switzerland has no national minimum wage law, Geneva is the fourth of 26 cantons to vote on the matter in recent years after Neuchâtel, Jura and Ticino. The Swiss system of direct democracy calls voters to exercise their right four times a year, and allows citizens to collect signatures to introduce "popular initiatives" to be enacted.
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