Switzerland -H&M introduces minimum wage -April 02, 2014

The Swedish-owned clothing retail chain has announced that it will introduce a minimum wage on January 1st 2015. H&M said a fair and proper wage policy allows it to attract the best employees.

The Swedish-owned clothing retail chain has announced that it will introduce a minimum wage on January 1st 2015. H&M said a fair and proper wage policy allows it to attract the best employees. The hourly minimum translates to a monthly wage of around 4,100 francs (3,360 euro) for a 42-hour week. The planned wage is close to the minimum of 20 francs an hour proposed in an initiative to be decided by Swiss citizens in a May 18th referendum.

English: http://www.thelocal.ch/20140331/hm-plans-hefty-swiss-minimum-wage

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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