{"id":1682,"date":"2024-08-27T19:07:31","date_gmt":"2024-08-27T19:07:31","guid":{"rendered":"https:\/\/swisspresse.com\/pay-gap-between-bosses-and-ordinary-workers-widens-in-switzerland\/"},"modified":"2024-08-27T19:07:31","modified_gmt":"2024-08-27T19:07:31","slug":"pay-gap-between-bosses-and-ordinary-workers-widens-in-switzerland","status":"publish","type":"post","link":"https:\/\/swisspresse.com\/en\/pay-gap-between-bosses-and-ordinary-workers-widens-in-switzerland\/","title":{"rendered":"Pay gap between bosses and ordinary workers widens in Switzerland"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>ZURICH, Aug 26 (Reuters) &#8211; The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on average 143 times more than their lowest-paid employees, according to a study published by trade union Unia on Monday.<\/p>\n<div data-testid=\"paragraph-1\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">The pay gap was up from 139 times in 2022, the study said, with the country&#8217;s biggest bank UBS <a data-testid=\"Link\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/companies\/UBSG.S\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__link__3Ji6W link__underline_default__2prE_ link__with-icon__3x3oD\" rel=\"noopener\">(UBSG.S)<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" aria-hidden=\"true\" focusable=\"false\" role=\"presentation\" data-testid=\"NewTabSymbol\" class=\"link__new-tab-symbol__3T19s\"><path fill=\"#666\" d=\"M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z\"\/><\/svg><span style=\"border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap\">, opens new tab<\/span><\/a> having the largest differential.<\/div>\n<div data-testid=\"paragraph-2\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">Pay at the bank has become a political talking point, with Swiss Finance Minister Karin Keller-Sutter <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/business\/finance\/swiss-minister-criticises-big-bank-bonuses-ubs-set-stricter-rules-2024-04-10\/\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__link__3Ji6W link__underline_default__2prE_\">earlier this year<\/a> criticising UBS Chief Executive Sergio Ermotti&#8217;s 14.4 million&#8230;<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.reuters.com\/world\/europe\/pay-gap-between-bosses-ordinary-workers-widens-switzerland-2024-08-26\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZURICH, Aug 26 (Reuters) &#8211; The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on average 143 times more than their lowest-paid employees, according to a study published by trade union Unia on Monday. The pay gap was up from 139 times in 2022, the study said, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-1682","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-finance"},"_links":{"self":[{"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/posts\/1682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/comments?post=1682"}],"version-history":[{"count":0,"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/posts\/1682\/revisions"}],"wp:attachment":[{"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/media?parent=1682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/categories?post=1682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swisspresse.com\/en\/wp-json\/wp\/v2\/tags?post=1682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}