Ah, yodelers,
it’s the day of work when you don’t have to work and can think about whether
the Swiss should vote for its workers to receive the highest minimum wage in
the world (22 SF/$25 an hour) on May 18.
 |
| Would you say "ja" to $25 an hour? |
$25 an
hour? It seems extravagant to the rest of the world. But then again, the rest
of the world isn’t paying $25 for a plate of mediocre Chinese food. Or 57 cents a minute to make a national phone call. Or $11 for
a 15-minute train ride—in 2nd class, no less.
That’s why
the Swiss minimum wage should be put in perspective (and also why The Frau wishes
the American government would put the salaries of its citizens working abroad
in perspective too).
After all,
Switzerland is one of the most expensive countries in the world. But despite
this, the country still seems to want to make it livable for everyone. The Frau
likes this.
But is a
salary of SF 4,000 ($4,533) a month livable in Switzerland? It seems crazy to
the rest of the world that the answer might be no. But if you watch this video created by swissinfo.ch, you’ll see that with “low” salaries and high
costs of everything from healthcare to food—even $4,533 a month can be a struggle in Switzerland.
That being
said, how would you vote on May 18?
6 comments:
Pardon-me, but this is uter nonsense.
CHF 22 would currently be comparable to US$12.75 based on comparable purchasing power.
Professionally, you call this PPP/CPI: http://www.oecd.org/std/prices-ppp/.
But well, this is a usual error by uneducated people.
But to provide a serious comparison, you anyhow would have to compare PPP/CPI-adjusted annual wages, since people tend to work different amount of hours per week and year (holidays!) from country to country.
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