Switzerland doesn’t have a minimum wage either, but the problems aren’t as dire (yet). Several cantons have however now introduced minimum wages and these are inflation adjusted, so a lot more future proof. Also they don’t need to be renegotiated again and again as the law doesn’t expire. I only see them disappear if we get a nationwide solution that replaces the local ones. But I agree with you: They are now set by the legislature and arbitrary and they should be informed with NGO data.
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… But we do have one… It’s just very… Minimal.
Minimum should mean minimum amount necessary to live a (dignified) life, not simply the minimum amount.
Any minimum wage should be pegged to a cost of living index.
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Let’s call it “livable minimum wage” or this discussion will never end.
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Switzerland doesn’t have a minimum wage either, but the problems aren’t as dire (yet). Several cantons have however now introduced minimum wages and these are inflation adjusted, so a lot more future proof. Also they don’t need to be renegotiated again and again as the law doesn’t expire. I only see them disappear if we get a nationwide solution that replaces the local ones. But I agree with you: They are now set by the legislature and arbitrary and they should be informed with NGO data.