More raping and pillaging of the world by the "privileged" aided and
abetted by Swiss stupid who must all believe they're going to be "given"
a job someday that more than 200 times what they were getting sweeping
floors.
On 11/24/2013 08:34 AM, s3raph...@yahoo.com wrote:
From Telegraph:
Early results suggest Swiss voters are saying "no" to a proposal to
bring in a law that would limit executive pay to 12 times that of the
lowest paid. There are many more votes still to count, but it is clear
the initiative cannot pass now. The new rules would have given
Switzerland the world's toughest pay rules and some of the lowest
executive salaries - which business leaders said would limit foreign
investment.
It is the second time this year that Swiss voters have been balloted
on the issue. In March they did back strict limits on bonuses and
golden handshakes.
There has been widespread public anger at revelations that some of
Switzerland's chief executives are earning more than 200 times what
their employees take home. Some Swiss have been further irritated that
these high levels of pay are being given to executives whose firms
have been cutting jobs.
Although this proposal may have been defeated, the issue of high
salaries and a widening wage gap has not gone away. Early next year,
Switzerland will hold another referendum on a guaranteed minimum wage.
