"Switzerland Pay - Great for Employees, Less So for Execs"
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Switzerland Pay - Great for Employees, Less So for Execs
In
the past several months, Switzerland has made some interesting compensation
headlines. Swiss voters recently passed a referendum on executive compensation
that is more far-reaching and restrictive than anything we currently have in
the U.S. This new set of rules was supported by a convincing 68% of voters. At
nearly the same time, a UBS report from September 2012 shows that Swiss employees in Geneva and
Zurich receive the highest net wages in the world. Does this tell us anything?
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