Friday, 22 November 2013

Curb That Pay

How long would you have to work to earn $17.1m - just one year if you are a chief executive in some of Switzerland's leading companies. Swiss voters are going to the polls this weekend to decide on strict new laws to limit executive pay. The measures, if approved, would limit the salaries of top managers to no more than 12 times the wage of the lowest-paid worker in the same company. Would this work?