Search This Blog

Sunday, November 24, 2013

They call this Democracy !!

The Swiss, most admirable people, like to think of themselves as the most democratic of all democratic people. It seems that they conduct a plebiscite every other Sunday. This may be a slight exaggeration, but, as I said, it seems so. Today is a Plebiscite Sunday and the question, which the voters of Switzerland are asked to answer is this:
"Should any employee of a company be paid a salary higher than 12 times that, paid to the lowest paid member of the staff of this same company ?"
There are many who will say "No" to this question and if, indeed, the majority so vote, then what is deemed "excessive" salaries will be a thing of the past.
So, if you employ a cleaner, whose job it is to keep the parking lot free of debris, and you pay him , say $15,000 per year, the President of this same company, whose job it is to manage a multi million dollar firm, employing hundreds of men and women must not earn more than $180,000 per annum.
Nestles, the large producer of foods has already announced that if this actually were to become legislation,
they "would have to examine their future in this country", since it would negatively effect a great number of their upper echelon staff.
In my humble opinion, the Swiss, should they approve of such restrictive legislation, will have made the first step into an economic dictatorship, which would have none, but negative impact upon their business climate.
I am all in favour of the Government controlling wages of Civil Servants, which are paid with Taxes, but an overall control of private industry is, to say the least, undemocratic lunacy.
 






No comments: