ON AIR NOW

LISTEN NOW

Weather

cloudy-day Created with Sketch.
62°
Overcast
H 73° L 52°
  • cloudy-day Created with Sketch.
    62°
    Current Conditions
    Cloudy. H 73° L 52°
  • cloudy-day Created with Sketch.
    59°
    Afternoon
    Cloudy. H 73° L 52°
  • cloudy-day Created with Sketch.
    59°
    Evening
    Mostly Cloudy. H 62° L 43°
LISTEN
PAUSE
ERROR

Krmg news on demand

00:00 | 00:00

LISTEN
PAUSE
ERROR

Krmg traffic on demand

00:00 | 00:00

LISTEN
PAUSE
ERROR

Krmg weather on demand

00:00 | 00:00

National
Switzerland rejects world's highest minimum wage
Close

Switzerland rejects world's highest minimum wage

Switzerland rejects world's highest minimum wage
Photo Credit: FABRICE COFFRINI
A woman casts her ballot during a referendum on May 18, 2014 in Bulle, western Switzerland. Swiss voters are to decide in a referendum on May 18 whether to bring in the world's highest minimum wage, offering each and every worker at least 25 dollars an hour. The Swiss will also be voting on a multi-billion-dollar deal to buy fighter jets from Sweden, and are almost certain to back measures to ban paedophiles from working with children. AFP PHOTO / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)

Switzerland rejects world's highest minimum wage

Trending on Facebook

More Popular and trending stories

It would have been the highest minimum wage in the world, but Swiss voters have rejected a proposal to pay workers the equivalent of $25 an hour.

Early polling results showed about 77 percent of Swiss voters rejected the wage hike. Switzerland currently has no minimum wage, and this measure would have affected about 10 percent of the population. (Via Euronews)

When adjusted for spending power, the Swiss minimum wage proposal would have amounted to about $14 an hour — that's more than the minimum hourly wages in other Western nations with high pay floors — according to data from the Organization for Economic Cooperation and Development.

Supporters —  mostly trade unions —  argued raising the minimum wage was necessary considering Switzerland’s famously high cost of living in cities like Geneva and Zurich. (Via YouTube /  luczw's channel)

But politicians and business leaders fought the proposal. They pointed to Switzerland’s low unemployment of 3.2 percent and expressed concern that raising the minimum wage could cost jobs. (Via BBC

Switzerland's vote comes as several European governments make a similar move to raise the minimum wage. 

Next month Germany’s parliament is set to vote on a proposal to establish the country’s first federal minimum wage.  (Via The Local

In France, President Francois Hollande has raised the minimum wage twice since coming into office. (ViaFrance 24

This was the third time Swiss voters have headed to the polls in the past year two years to vote on issues involving pay. Last year Switzerland voted to limit salaries for executives to 12 times that of a company's lowest salary. 

Read More
VIEW COMMENTS

There are no comments yet. Be the first to post your thoughts. or Register.

  • Unable to convince GOP lawmakers to get on board with a plan to overhaul the Obama health law, Republicans in the House decided not to even force a vote on the measure, a major setback for both President Donald Trump and House Speaker Paul Ryan. “This bill is dead,” said Rep. Greg Walden (R-OR), the Chairman of the House Energy and Commerce Committee, who played a central role in cobbling together this plan. 'This bill is dead,' House Energy & Commerce Committee Chairman Walden says — Cristina Marcos (@cimarcos) March 24, 2017 The bill never even came to a vote, as it became obvious that Republicans had nowhere near a majority of lawmakers ready to vote for it. Democrats were more than happy to pile on the GOP legislative debacle. #ObamaCare 1 – #Trumpcare 0. — Rep. Hank Johnson (@RepHankJohnson) March 24, 2017
  • In the end, monolithic opposition by Democrats coupled with opposition from the far right doomed Friday’s vote on the American Health Care Act, the GOP bill that would have repealed and replaced the law commonly known as “Obamacare.” GOP leadership decided to pull the bill, realizing that it could not pass. The Trump administration made it clear early Friday that negotiations were over, and the president wanted an up or down vote Friday. House Speaker Paul Ryan went to the White House to report he didn’t have the votes to pass the bill; President Trump had previously said win or lose, Rep. Ryan should keep his position as Speaker. The GOP plan (AHCA) would have ended the mandate that all Americans pay for health insurance, replacing it with a plan where the federal government would give Americans tax credits, based on age. That would have saved taxpayers billions of dollars, according to the nonpartisan Congressional Budget Office, but would have left  24 million additional Americans without health coverage within the next decade. Many governors, including some Republicans, also had serious concerns about the additional burdens passed on to states under the AHCA.
  • The Pawhuska woman recently accused of exposing herself to a classroom of students was arrested this week on accusations of stealing a purse.  According to the arrest report, Lacey Sponsler allegedly stole a purse while at the Broken Arrow Lanes bowling alley near 111th and Elm last Thursday.   The report states that witnesses saw her acting suspiciously and looking at people’s belongings. One witness saw her grab a purse and asked if it was hers. She said it was not.   A witness then reportedly saw Sponsler walk into the game room and return wearing different clothes. Police were called and found her in the bathroom.   Sponsler was arrested in February for doing a cartwheel in front of students at a Pawhuska school. She was not wearing anything under her dress and exposed herself to the students.
  • Authorities in Ohio arrested three people after they discovered the badly decomposed body of a 71-year-old Vietnam veteran in a home, according to multiple reports. >> Read more trending news Deputies with the Tuscarawas County Sheriff’s Office found the body of Bob Harris, 71, after learning that his Social Security debit card was being used despite the fact that he hadn’t been seen for months, WJW reported. The body had decomposed to the point where the remains were mostly skeletal, lying in the living room of a home in Wainwright. The body was kept a short distance from where the home’s residents slept, according to WJW. “It’s a horribly graphic case,” Sheriff Orvis Campbell told TimesReporter.com. He said Harris’ body was found in some “of the most deplorable conditions we can describe.” Trash and animal waste was found near the body. Harris was living with a married couple and their daughter, according to TimesReporter.com. The family had spread stories about Harris moving to Stark County and allowing them to use his Social Security benefits, Campbell said. Authorities arrested Brian and Stacy Sorohan on charges of abuse of a corpse and theft of a credit card, according to The Associated Press. The couple’s 18-year-old daughter was charged with abuse of a corpse. Deputies said the circumstances surrounding Harris’ death were not immediately clear. An autopsy will be performed to determine whether his death involved foul play, according to TimesReporter.com.
  • Tulsa police Thursday released video of an incident in which an officer used his patrol car to end a gunfight. Madison Dickson was the suspect in a string of violent crimes that spanned nearly a week when she was spotted in a vehicle near 91st and Harvard last Saturday. She tried to run, and gunfire is heard on the video, which officers say was directed toward them. The officer swerves left as she points the gun at him, then veers right and runs her over as she attempts to flee. Additional videos released to media by TPD indicate an officer also used a Taser on Dickson after she was down, because she still had the gun and wasn’t responding to commands. “She might not be able to, hang on,” one officer says as others are yelling at her to show her hands. EMSA arrived on the scene a few minutes later, but Dickson died from her injuries.