Revealed: 10 Countries with the Best Minimum Wages

BANGALORE: It is no secret that recent times have been tough all over the globe. Expenses have sky-rocketed, while the living wages have reached a new low. Everyone is feeling the squeeze, and corporate houses have come up with rather unpleasant ways to limit the expenses. Even under such circumstances, workers in certain parts of the globe are enjoying good pay, thanks largely due to the high minimum wages offered by these countries.

With this in mind we have put together a list of countries with the highest minimum wages, as listed by TheRichest.

10.  Switzerland–$15, 457 per year

The economy of Switzerland is one of the most stable economies in the world and it is no surprise that the workers in this part of the globe enjoy a high minimum pay. Though the country does have a minimum wage written into the law, it does have a have a collective bargaining agreement between employees and the employers that guarantees a high salary under all circumstances.   

The policy of long-term monetary security and political stability are other plus that has made the country a safe haven for workers.

Skilled workers in this part of the world take home a hale and hearty pay that is in the range of 2,800 to 5,300 Swiss francs, while unskilled workers bag anything between 2,200 to 4,200 Swiss francs.

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