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 That 'buy now, pay later' loan may soon hit your credit score. Hall of Famer Dave Parker dies Cops: Arizona 5th graders drew up plot to 'end' a classmate. Senate will grind it out this weekend for Trump's spending bill. Report an error