1:12 - the right wage gap?
, November 19, 2013
Salary initiative '1:12' flags are seen outside a window of an office of Swiss public workers union SSP in Zurich. Switzerland will vote on November 23, on whether to limit the salaries of top executives so they don't earn more in a month than the lowest paid workers earn in a year, the latest attempt to put a brake on a growing wage gap in the wealthy nation. The so-called 1:12 initiative for Fair Pay was brought about by the youth wing of the Social Democrats (JUSO), who gathered the 100,000 signatures needed to force a nationwide vote. Reuters/Arnd Wiegmann/Files