Swiss boss Thomas Gerber
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Swiss bosses on vote to decide executive pay limit

22 November 2013 Last updated at 07:25 GMT

Swiss voters are going to the polls to decide on strict new laws to limit executive pay to no more than 12 times the wage of the lowest-paid worker in the same company.

The 1:12 initiative is backed by Switzerland Young Socialists, who gathered the necessary 100,000 signatures to call a referendum.

It is the second time this year the Swiss have voted on top salaries; in March they voted overwhelmingly to curb big bonuses, and to ban golden handshakes and goodbyes.

Imogen Foulkes reports.