Last week, Switzerland’s federal parliament voted in favour of adding an annual public holiday to celebrate democracy. This week, the State Secretariat for Economic Affairs (SECO), said the extra day off would cost the economy CHF 350 million, reported RTS. Photo by Miraze Dewan on Pexels.comThe CHF 350 million sum was calculated by comparing the GDP in years when Christmas falls on a Sunday to years when it doesn’t. However, the cost doesn’t not fall evenly on all businesses. A...
Read More »Swiss unions call for compensation for public holidays that fall on weekends
Last year, Christmas and Swiss national day (1 August) fell on weekends. Switzerland’s unions are calling for compensation for these “lost” holidays, reports the newspaper 20 Minutes. Photo by Catarina Sousa on Pexels.comIn Switzerland, when public holidays fall on weekends no extra day off or extra pay is provided by employers. Swiss unions are calling for these missed holidays to be added to annual leave. 80 countries have such a system, including England, Belgium, Luxembourg and...
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