Geneva Ny Minimum Wage, Geneva Votes To Increase Minimum Wage To 25 Believed To Be Highest In The World
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Geneva is set to introduce the worlds highest minimum wage which will equate to 41430 53370 a year around 3500 4510 a month.
California minimum wage exempt employees. By imogen foulkesbbc news geneva image captiongeneva is home to some of the wealthiest organisations and individuals but it also has food banks geneva is a very wealthy place. See what youll need to earn to keep your current standard of living wherever you choose to work and live. While a 25 per hour minimum wage might look staggering from the perspective of the united states where the federal minimum wage is 725 an hour context is key.
Fifty eight percent of voters in the canton of geneva which the city of geneva is the capital on sunday approved the referendum instituting a 23 swiss franc an hour minimum wage the highest in the world according to britains telegraph with 42 rejecting. Salaries range from 33900 chf lowest average to 598000 chf highest average actual maximum salary is higher. Geneva is to introduce a minimum wage of almost 3500 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.
A person working in geneve typically earns around 134000 chf per year. This is the average yearly salary including housing transport and other benefits. Geneva is the 10th most expensive city in the world according to the economist intelligence units 2020 worldwide cost of living survey.
Geneva is instituting a minimum wage of 23 swiss francs 25 an hour for a 41 hour work week which adds up to approximately 53300 annually making it the highest minimum wage ever. Voters in geneva switzerlands second largest city recently approved the worlds highest minimum wage which will stand at 23 swiss francs or about 25 an hour.
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