Switzerland To Vote On Intra-firm Pay Limit. Highest pay will be no more than 12x the lowest

[The Real]

Video in link.

http://www.bbc.co.uk/news/business-25048192

Swiss voters are going to the polls to decide on strict new laws to limit executive pay to no more than 12 times the wage of the lowest-paid worker in the same company.

The 1:12 initiative is backed by Switzerland Young Socialists, who gathered the necessary 100,000 signatures to call a referendum.

It is the second time this year the Swiss have voted on top salaries; in March they voted overwhelmingly to curb big bonuses, and to ban golden handshakes and goodbyes.

 

[newworldafro]

damn....

 

[No1]

Video in link.

http://www.bbc.co.uk/news/business-25048192

Swiss voters are going to the polls to decide on strict new laws to limit executive pay to no more than 12 times the wage of the lowest-paid worker in the same company.

The 1:12 initiative is backed by Switzerland Young Socialists, who gathered the necessary 100,000 signatures to call a referendum.

It is the second time this year the Swiss have voted on top salaries; in March they voted overwhelmingly to curb big bonuses, and to ban golden handshakes and goodbyes.

That's what's up.

 

[Domingo Halliburton]

I honestly don't care what these multinationals pay their CEO.

if it was hurting the company he would be let go by the shareholder outrage or the board.

 

[Poitier]

Switzerland always does it right.

 

[Domingo Halliburton]

if you support this law and support globalization you're a hypocrite

 

[Poitier]

Not at all though I don't support unchecked globalism

 

[DEAD7]

Switzerland again?

We get it Christian cacs can share with other Christian cacs.

 

[Poitier]

Switzerland again?

We get it Christian cacs can share with other Christian cacs.

Christian? lol

 

[DEAD7]

Christian? lol

Only 2% of the population in Switzerland isn't Christian I know Muslims are getting shytted on something serious there.

 

[Domingo Halliburton]

Not at all though I don't support unchecked globalism

but if you operate in the EU you kind of have to do this intra firm thing

 

[Sensitive Blake Griffin]

 

[TooLazyToMakeUp1]

It's kind of naive to think that execs didn't anticipate this and found a way around it already

 

[Wild self]

Again, America is too greedy and slow to do things right.

 

[TooLazyToMakeUp1]

Again, America is too greedy and slow to do things right.

And what's "right"? No one seems to have the blueprint for that, yet