World | Switzerland Swiss Voters on $25 Minimum Wage: Uh, No About three-quarters of people vote against referendum By Polly Davis Doig Posted May 18, 2014 10:55 AM CDT Copied Voters cast ballots in Bern, Switzerland, Sunday, May 18, 2014. Swiss voters voted on a referendum to introduce the world’s highest minimum wage of $24.70 an hour. (AP Photo/Keystone,Peter Klaunzer) Swiss voters today considered the question of whether to institute a highest-on-planet-Earth minimum wage, and handed it back with a resounding "nope." Early returns indicate that about three-quarters of voters (76% per the BBC, 77% per the AP) voted against the measure, which would have raised minimum wage to about $24.70 and had been touted as a way to combat poverty in a pricey nation. Switzerland currently has no minimum wage, though the nation's median wage is about $37 an hour. Results are still not finalized in Bern and Zurich. Read These Next GOP Sen. Tillis suggests Pete Hegseth is 'out of his depth.' Los Angeles tunnel collapses with workers inside. The Giants celebrate a 'once-in-a-century' home run. Trailer for Ryan Gosling's Project Hail Mary scores a record. Report an error