Here's a look at how other nations' hourly rates stack up against each other...

"In Northern Europe, social partners are reluctant to the introduction of a minimum wage because they want to keep control of wage setting."

Voters in Switzerland overwhelmingly struck down a proposal to set the country’s minimum wage at what would have been the highest in the world at about $25 an hour, or 22 Swiss francs…This would have been Switzerland’s first federally mandated minimum wage. Other countries without minimum wages include Denmark, Germany, Italy, Norway and Sweden, all where there is more collective bargaining between employers and workers to establish pay.

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