Swiss city employees get big pay surprise ...News

Russia Today - Economy
Swiss city employees get big pay surprise
source : Russia Today ( News ) () 43
A technical error cost Zurich nearly $200 million Authorities in Zurich paid city workers double their February salary due to a technical mistake, a statement published Monday on the official website of the Zurich City Council said. According to the statement, the error occurred when state-owned Zuercher Kantonalbank (ZKB), which handles the city’s salary transfers, was processing this month’s payments. A glitch due to faulty software resulted in wages being sent out twice. The software was provided by one of the contractors of Swisscom AG, the country’s leading telecommunications company, which processes payment

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