The minimum wage has been defined as the minimum amount of payment that an employer (that is, the one who gives the job) is obliged to pay its employees (the workers) for their work during a given period of time. This amount cannot be reduced by virtue of an agreement or contract even if the worker or workers agree. It is; to put it simply: the basic floor. The least a worker can receive for any job.
All of the above was important to clarify since the highest monthly salary in the world will take effect in Geneva, Switzerlandin mid-October, and knowing the amount, for a Latin American country like ours, frankly makes you want to cry.
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This is an approval of the increase in the minimum wage for the inhabitants of the city, which will be 23 francs The timeequivalent to a little more than 3 and a half million Chilean pesos to the state of world markets, including the dollar. If anyone reads this article outside of Chile, know that in our country, the minimum salary is 320,000 pesos (405 US dollars) and that the readjustment that was planned for 2021 was just 6 thousand pesos (7 dollars and 6 cents).
This measure was made public on Sunday, September 27, the day on which 58% of the city’s 500,000 voters supported the increase, which will benefit 30,000 employeesas reported by the media Guardian.
Swiss media reported that the move came after the economy was severely hit by the covid-19 pandemic, as highly dependent on tourism.
Michel Charrat, president of the independent group Transfontalier Européen, which supports those working across the Franco-Swiss border, called the agreement a «sign of solidarity with the poorest».