(CNN)Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour -- believed to be the highest in the world. "I come from a slum in Manila originally, so it's true, it's not the same kind of poverty, but if you're hungry, you're hungry.

Geneva adopts what's believed to be the highest minimum wage in the world, at $25 an hour By Francesca Giuliani-Hoffman, CNN Updated 6:22 PM ET, Sun October 4, 2020 Communauté genevoise d'action syndicale, the umbrella organization of unions in Geneva, The decision was also praised by Michel Charrat, president of the Groupement transfrontalier européen, an, The Geneva Council of State, the local executive branch, said in an. That's roughly $4,347 per month.

"It definitely helped push the vote towards almost 60%," he added. Hernandez said he believes the adoption of the minimum wage initiative in Geneva was "necessary," as unemployment represents an existential threat for so many low income workers in the city. Switzerland is among the wealthiest nations in the world, but it wasn't shielded from the damaging impact of the coronavirus pandemic on its economy. The two previous votes took place in 2011 and 2014, and in the latest case, it was a national referendum to introduce an hourly minimum wage of 22 Swiss Francs, which found 76% of voters were opposed. Geneva is the 10th most expensive city in the world, according to The Economist Intelligence Unit's 2020 Worldwide Cost of Living Survey. Hernandez said solidarity in the city "is much stronger these days than usual," as people respond to calls for donations in great numbers, helping the food distributions to continue. Shop workers’ minimum wage is K1,698.60 with transport, lunch and … CNN and the CNN logo are registered marks of Cable News Network, Inc., displayed with permission. Geneva is the 10th most expensive city in the world, according to The Economist Intelligence Unit’s 2020 … It's not like everyone here is working for a bank or a chocolate factory.

"I think many people realized how many people are working in these sectors. "This new minimum wage will apply to about 6% of the canton's workers as of November 1st," Geneva State Counselor Mauro Poggia told CNN in a statement. That's roughly $4,347 per month.

The Highest Minimum Wage in the World Oct 18, 2020 Geneva, Switzerland - Voters have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour -- believed to be the highest in the world. This story was first published on CNN.com 'Geneva adopts what's believed to be the highest minimum wage in the world, at $25 an hour', Tennessee man exonerated after serving 15 years for a murder he didn't commit, New Japanese theme park attraction lets guests zipline into Godzilla's mouth, Moderna expects to know by the end of the month whether its COVID-19 vaccine works, Republican senator says he will step in if Biden doesn't have access to intelligence briefings by Friday.

Michael Grampp, Deloitte's chief economist in Switzerland, said he believed the coronavirus pandemic had an impact in determining how many voters were in favor of passing the minimum wage initiative. Q95 Indy's Classic Rock and Home of The Bob & Tom Show. The guaranteed minimum monthly salary in Geneva … "Compared to other countries, given the strong social security coverage in Switzerland, the economic effects of Covid are currently being contained, even though job losses are already occurring in the sectors that have been directly affected, such as tourism, hotels and restaurants," he said.

"It will boil down to not having enough to eat," he said. The minimum …

We also have a broad service sector that was hit hard due to the lockdown," Grampp told CNN.

Luxembourg has the highest minimum wage in the world of $13.78 per hour. Hernandez said he believes the adoption of the minimum wage initiative in Geneva was "necessary," as unemployment represents an existential threat for so many low income workers in the city.

Luxembourg. Those job losses are forcing people to seek help.

It also exceeds the world’s current highest minimum wage of over £11 per hour in Australia. Overall, the Swiss government's economic experts group expects the adjusted Swiss GDP to fall by -6.2% in 2020, and average unemployment to be around 3.8%, the lowest economic slump since 1975. Colis du Coeur is continuing food distribution through the winter.

"I come from a slum in Manila originally, so it's true, it's not the same kind of poverty, but if you're hungry, you're hungry. Charrat told The Guardian that the coronavirus pandemic "has shown that a certain section of the Swiss population cannot live in Geneva," and argued that the new minimum wage is "the minimum to not fall below the poverty line and find yourself in a very difficult situation." But Poggia said he doesn't believe the pandemic had a significant impact on the vote. To those who are skeptical about poverty being an issue in a wealthy country such as Switzerland, Hernandez invites people not to judge. Australia. Geneva adopts what's believed to be the highest minimum wage in the world, at $25 an hour. The Geneva Council of State, the local executive branch, said in an opinion against the measure that the new minimum wage would be "the highest in the world.". "On 27 September, a new vote on this subject was finally accepted, for a salary of 23 Swiss Francs per hour, or slightly more than 4,000 Swiss Francs per month for an activity of 41 hours per week," Poggia added. Turner Broadcasting System, Inc. All rights reserved. (CNN) — Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour — believed to be the highest in the world. While a $25 per hour minimum wage might look staggering from the perspective of the United States, where the federal minimum wage is $7.25 an hour, context is key. Geneva is known as the humanitarian capital of the world because of the presence of so many international organizations and UN offices focusing on humanitarian affairs. And sitting gallantly on our list of … Grampp believes more cantons will enact minimum wage legislation. But Poggia said he doesn't believe the pandemic had a significant impact on the vote. While a $25 per hour minimum wage might look staggering from the perspective of the United States, where the federal minimum wage is $7.25 an hour, context is key. Low income workers in the service sector were the most affected by the lockdown measures put in place in Switzerland. Geneva is the 10th most expensive city in the world, according to, Overall, the Swiss government's economic experts group.

Michael Grampp, Deloitte's chief economist in Switzerland, said he believed the coronavirus pandemic had an impact in determining how many voters were in favor of passing the minimum wage initiative. While Switzerland has no national minimum wage law, Geneva is the fourth of 26 cantons to vote on the matter in recent years after Neuchâtel, Jura and Ticino. While Switzerland has no national minimum wage law, Geneva is the fourth of 26 cantons to vote on the matter in recent years after Neuchâtel, Jura and Ticino. Hernandez told CNN the group he now works for, the non-profit Colis du Coeur, helped an estimated 6,000 to 9,000 people each week during the summer, distributing bags of fresh produce and dry goods sourced through donations, the official Geneva food bank, and various charitable groups.

Low income workers in the service sector were the most affected by the lockdown measures put in place in Switzerland. Communauté genevoise d'action syndicale, the umbrella organization of unions in Geneva, described the result as "a historic victory, which will directly benefit 30,000 workers, two-thirds of whom are women.". "It definitely helped push the vote towards almost 60%," he added. Hernandez told CNN the group he now works for, the non-profit Colis du Coeur, helped an estimated 6,000 to 9,000 people each week during the summer, distributing bags of fresh produce and dry goods sourced through donations, the official Geneva food bank, and various charitable groups. To those who are skeptical about poverty being an issue in a wealthy country such as Switzerland, Hernandez invites people not to judge. While Switzerland has no national minimum wage law, Geneva is the fourth of 26 cantons to vote on the matter in recent years after Neuchâtel, Jura and Ticino. "On two occasions in the past, initiatives to set a mandatory minimum wage in Geneva had been submitted to the population and rejected," said Poggia, who is in charge of the Department of Security, Labor and Health for the Geneva canton.

We also have a broad service sector that was hit hard due to the lockdown," Grampp told CNN.

"I think many people realized how many people are working in these sectors. According to government data, 58% of voters in the canton were in favor of the initiative set the minimum wage at 23 Swiss francs an hour, which was backed by a coalition of labor unions and aimed at "fighting poverty, favoring social integration, and contributing to the respect of human dignity.". Minimum Wage: $13.47. Geneva is known as the humanitarian capital of the world because of the presence of so many international organizations and UN offices focusing on humanitarian affairs. © 2015 Nine Media Corp. CNN name, logo and all associated elements ™ and © 2015 Cable News Network. The Swiss system of direct democracy calls on voters to exercise their right four times a year, and allows citizens to collect signatures to introduce "popular initiatives" to be enacted.

That's a benchmark you cannot deny," Hernandez said. That's a benchmark you cannot deny," Hernandez said.

But it's helping their employees earn a living wage, Target is raising its minimum wage to $15 an hour in July. Updated 2222 GMT (0622 HKT) October 4, 2020. While a $25 per hour minimum wage might look staggering from a U.S. perspective, where the federal minimum wage is $7.25 an hour, context is key. "On two occasions in the past, initiatives to set a mandatory minimum wage in Geneva had been submitted to the population and rejected," said Poggia, who is in charge of the Department of Security, Labor and Health for the Geneva canton. (CNN) — Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour — believed to be the highest in the world. Geneva is the 10th most expensive city in the world according to The Economist Intelligence Unit's 2020 Worldwide Cost of Living Survey.