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Back in 2014, Swiss voters rejected a proposal to introduce what would have been the highest minimum wage in the world at CHF 22 per hour. Swiss minimum wage rules. This means that the average person in Switzerland earns approximately 60 CHF for every worked hour.

Switzerland's yearly minimum wage is $15,457.00 in International Currency . This means that salaries in Switzerland are left to the open market, except in some industries where collective bargaining agreements result in specific worker rights and minimum wages. Wages per month are calculated as 4.33 times if a weekly wage is defined.

Jura accepted a referendum which could impose a 19.25 francs per hour minimum wage, while a national initiative rejected in 2014 would have created a 22-franc minimum hourly wage countrywide. Collective negotiations are conducted by the social partners (trade unions and employers’ associations) for a whole sector or for specific companies.

The EU countries without a legally mandated minimum wage include Italy, Sweden, Finland, Austria and Denmark, while non-EU countries like Switzerland and Norway also don’t have federally set minimums. Source.

Most workers are covered by an award, which may vary by employee age, geographical … International Currency is a measure of currency based on the value of the United States dollar in 2009. Minimum wage in Europe. In total, 22 of the 28 European Union countries have an officially prescribed minimum wage. Minimum wage and average earnings in Switzerland. The average hourly wage (pay per hour) in Switzerland is 60 CHF. It's the equivalent of over USD22, or just about EUR19, far higher than the minimum wages on offer in the rest of Europe or North America. When it comes to Switzerland as a whole, there was actually a referendum in 2014, which proposed the introduction of a CHF22 national minimum wage. Working conditions and salaries are thus agreed jointly in a collective employment agreement (CEA) containing provisions on minimum wage levels, continuation of wage payments… Except for the Cantons Jura, Neuchâtel, and Ticino Switzerland has no minimum wage. It is calculated as 4.33 times the standard hours per week if an hourly wage is given. Under the plan, employers would have had to pay workers a minimum 22 Swiss francs (about $25; £15; 18 euros) an hour. Supporters said the move was necessary for people to …

In Switzerland, salaries are negotiated either on an individual basis or collectively. How does Switzerland's minimum wage compare to the minimum wage in other countries? Although Switzerland does not have a nationwide minimum wage, in the one canton which has a minimum wage – Neuchâtel – the minimum hourly wage is 22.61 Swiss francs. More information is available at. Minimum Wages around the World (English) Minimum Wages News This means that the average person in Switzerland earns approximately 60 CHF for every worked hour.

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