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 .
