“A fixed salary has never been a good way to fight the problem,” said Johann Schneider-Ammann, the economic minister. “If the initiative had been accepted, it would have led to workplace losses, especially in rural areas where less-qualified people have a harder time finding jobs. The ...
A minimum wage is the lowest wage that a worker may be paid per hour. It's a price floor on hourly wages mandated by federal law.Nonexempt workerscan't be offered a job or agree to work for less than this amount. Minimum wages are set by the federal government and by states. They'...