• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Swiss city Geneva sets record with $4,000 minimum wage

5 years ago
in Economy, highlights, Home, home-news, latest News
1 min read
0 0
0
Geneva - norvanreports

Geneva - norvanreports

58
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

The Swiss city of Geneva is to introduce a minimum wage of 23 Swiss francs ($25) an hour, equal to roughly 3,772 Swiss francs ($4,100) a month for a 41-hour working week. 

Nearly two-thirds of the canton of Geneva on Sunday voted in favor of introducing the minimum wage, which is reported to be the highest in the world. 

It is set to be implemented this month, according to the Groupement transfrontalier europeen website, an organization representing cross-border workers in France and Switzerland. 

The measure had actually been rejected by voters twice in 2011 and 2014. 

However, the coronavirus pandemic has further highlighted Geneva’s poverty problem, with reports of thousands queuing for food. 

Geneva is known as one of the most expensive cities in the world and ranked ninth on HR consulting firm Mercer’s 2020 global cost of living survey. 

Michel Charrat, president of the Groupement transfrontalier europeen, told the Guardian that the vote to pass the measure represented a “mark of solidarity” with Geneva’s poorer residents. 

RelatedPosts

GRA Commissioner-General Touts GHS 750,000 VAT Threshold as Major Relief for Small Businesses

Year-to-Date Fixed Income Trades Reach GHS 214bn, Marking 58% Growth

GoldBod Refutes Report of GHS 3bn Loss, Cites Strong Financial Performance

“Covid has shown that a certain section of the Swiss population cannot live in Geneva,” he said.   

Geneva’s new minimum wage is more than triple that in the U.S., at $7.25 per hour and more than double the U.K.’s highest basic hourly rate of £8.72 ($11.20).

Via: norvanreports
Tags: $4000 monthly minimum wageGenevaSwiss francsSwitzerland
No Result
View All Result

Highlights

GSE Posts Strong October Performance as Investor Confidence Strengthens

OMCs to Raise Fuel Prices as Global Crude Surge Overrides Cedi Gains

Importers Raise Alara as Smugglers Tighten Grip on Ghana’s Rice and Sugar Market

Barrick Mining Considers Splitting Into Two Entities

PFAG Pushes for Predictable, Low-Burden Tax System to Strengthen Farmer Competitiveness

Prof Asuming Describes 2026 Budget Strategy “Comforting”, Cites Shift Toward Domestic Financing and Comprehensive Tax Reforms

Trending

Business

GRA Commissioner-General Touts GHS 750,000 VAT Threshold as Major Relief for Small Businesses

November 17, 2025

GRA Commissioner-General Touts GHS 750,000 VAT Threshold as Major Relief for Small Businesses Acting Commissioner-General of the...

Year-to-Date Fixed Income Trades Reach GHS 214bn, Marking 58% Growth

November 17, 2025

GoldBod Refutes Report of GHS 3bn Loss, Cites Strong Financial Performance

November 17, 2025

GSE Posts Strong October Performance as Investor Confidence Strengthens

November 17, 2025

OMCs to Raise Fuel Prices as Global Crude Surge Overrides Cedi Gains

November 17, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.