© 2025 WEKU
NPR for North, Central and Eastern Kentucky
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Swiss Voters Reject Attempt To Limit Executive Pay

DAVID GREENE, HOST:

NPR's business news starts with no salary cap for Swiss executives.

(SOUNDBITE OF MUSIC)

GREENE: A proposal in Switzerland to limit executive pay has been rejected by voters there. As we reported on the program last week, the initiative would have meant that an executive could never earn more money in a month than what the lowest-paid employee earns in a year.

That initiative failed; 65 percent of voters rejected it. But analysts point out that in a corporate-friendly nation like Switzerland, the fact that the vote was held at all is significant. Transcript provided by NPR, Copyright NPR.

WEKU depends on support from those who view and listen to our content. There's no paywall here. Please support WEKU with your donation.
Related Content