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₦20.5 Million Per Year: Switzerland Introduces World’s Highest Minimum Wage

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* ₦9,646 Per hour

* ₦1,731,472 Per month

* ₦20,495,686 Per Annum

Geneva is set to introduce ‘the world’s highest minimum wage’ which will equate to £41,430 ($53,370) a year around £3,500 ($4,510) a month.

The alterations, which had been rejected by voters twice before in both 2011 and 2014, will now come into effect from October 17.

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