วันจันทร์ที่ 25 พฤศจิกายน พ.ศ. 2556

Swiss refuse to limit the salaries of their bosses

Swiss refuse to limit the salaries of their bosses


Proponents of ? Supervision of paychecks hung flags in their windows in Berne and Zurich. | STAFF / REUTERS

Swiss voters voted against the initiative 1:12 - For fair wages, launched by the Swiss Socialist Youth (JS) , early trends from polling stations after closing Sunday, November 24 at 11 am . This initiative should lead to the limitation of paychecks to twelve times the lowest salary of their company .

Proponents of " 1:12 " held on November 2 a protest outside buildings UBS in Zurich, symbol according to them all the excess labor . The boss of the bank, Sergio Ermotti , was represented on a poster saying: " As a leader of UBS , I gained as much as all these people together. " In 2012, socialist activists accuse the leaders of UBS are offered 2 billion euros in bonuses when the bank wiped equivalent losses .

" Over the past decade , a small part of the company has captured the largest share of the profits ," protested David Roth, president of the JS, whose initiative brought together the 100,000 signatures required to organization of a national referendum .




FIGURES " UNJUSTIFIABLY "

The debate on executive pay was fed at the beginning of the year by the controversy related to the check of 72 million Swiss francs ( 58 million euros) promised President of Novartis , Daniel Vasella, for his retirement. A golden parachute which he eventually had to give .
"Switzerland has changed in recent months tens of thousands of flags were hanging from the balconies and windows activists of all ages and all wage conditions participated in this campaign nearby. " Says the president of the Swiss Socialist Party, Christian Levrat . " Some cashing 730 Swiss francs per minute of work," is he protested these figures " unjustifiable challenge the social glue " of the country .

Employees of large companies have made ​​public letters or circulars of multinationals like Nestlé or Novartis, encouraging their employees to vote "no" on Sunday.

In 2010, 10% of Helvetian employees with the lowest incomes earned less than 4,000 Swiss francs ( € 3 242 ) per month , according to the Swiss Trade Union. If the law on the regulation of remuneration adopted, the higher wages would be capped around 576,000 Swiss francs ( 467,000 euros ) per year. However , the average salary of the leaders of the largest listed companies in the country reached 6.7 million francs in 2012, according to the consulting firm PwC.

STANDING WIND

In an interview with Swedish business daily Dagens Industri , published Wednesday, November 20 , the Director General of the Swiss engineering group ABB , Sweden , Ulrich Spiesshofer , expressed concern : "We could for example not afford to keep those which are the best paid in the research and development. "

Opponents of the project, the Federal Council , the equivalent of the government believe that this initiative threatens the attractiveness of Switzerland and it will encourage businesses to leave the country. They also fear a reduction in tax revenues and social security contributions.

Besides banks , trading companies of raw materials, which focus between Lausanne and Geneva are also wind. The Anglo-Swiss CEO of Glencore , Ivan Glasenberg , told SonntagsZeitung that the adoption of the text would force the group to leave Switzerland. He himself received a salary equivalent to € 130 million in 2012.

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