
In 1998, the top salaries at the largest Swiss companies stood at 14 times those of the lowest-paid workers.
By 2011, the top salaries at the largest Swiss companies stood at 93 times those of the lowest-paid workers.

It is the companies paying giant salaries, such as Credit Suisse and UBS, which have been 'badly managed' and which have got Switzerland into trouble.
By 2003, the Swiss economy was under some stress and there were a number of bankruptcies and "massive layoffs and dismissals."
Among the reasons for this were:
1. The Global economic crisis, partly caused by 'the greedy pigs' grabbing more than their fare share of the world's wealth.
2. The ordinary Swiss family getting less than their fair share of the cake and feeling that they had less money to spend.

Peter Brabeck, chairman of the Swiss firm Nestlé, earns 12 times more than the chairman of the Anglo-Dutch firm Unilever.
In 2011, Switzerland had the world's highest average wealth per adult, at USD 540,000.
However, wealth in Switzerland is now distributed very unequally.


If chief executives' pay is capped at about $500,000 per year, Switzerland might get rid of some of the greedier hedge fund managers and bank executives.

It is the companies paying giant salaries, such as Credit Suisse and UBS, which have been 'badly managed' have got Switzerland into trouble.
Urs Rohner, the chairman of Credit Suisse earns more than the chairmen of Barclays, BNP, Deutsche Bank and Royal Bank of Scotland combined.
http://www.ft.com/

Swiss GDP consists mostly of medium-sized companies which do not pay huge salaries to their bosses.
If one or two hedge funds were to leave Switzerland, it would not be the end of the world.
It is the companies paying giant salaries, such as Credit Suisse and UBS, which have been 'badly managed' and which have got Switzerland into trouble.
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Walmart's Now Ex-CEO To Pocket $113 Million Pension, 6182 Times Greater Than Average WMT Worker's 401(k) Balance
From the comment section:
Ever on the lookout for ways to slash costs, Walmart (WMT) executives have found yet another place to trim: After nearly 40 years, the retail behemoth is eliminating profit-sharing payouts to workers. This is one of those maneuvers that makes the bottom line look better in the short term, but could have insidious negative effects in the long run.
Instead of the profit-sharing plan, which added as much as 4 percent to workers' pay at the always-profitable chain, Walmart will offer an up to 6 percent match on funds workers deposit into their company 401(k) retirement accounts. The beauty of this seemingly magnanimous offer is that many low-paid retail workers don't participate in retirement plans.Bloomberg reports retail companies generally see lower-than-average participation rates, and the average is 75 percent.
http://www.zerohedge.com/news/2013-11-25/walmarts-now-ex-ceo-pocket-113-million-pension-6182-times-greater-average-wmt-worker
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