
In the wake of the Swiss referendum limiting senior executives pay in listed companies, the Alpine nation could serve as a model for Germany, notes the business daily.
The newspaper remarks that the issue of “excessive pay” has sparked “an extremely virulent response” among German politicians and society.
German and European top managers can expect a revolution in salaries that is going to drag down high incomes, concludes Handelsblatt.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
Read more on this topic
