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--- en:exchange [2022/06/30 01:01]
david [Example 3: Helpers]
+++ en:exchange [2022/06/30 13:50] (current)
david [Switzerland]
@@ Line 22: / Line 22: @@
-===== Example 3: Helpers ======
+===== Example 3: Paying or exchanging wages ======
-** THIS EXAMPLE IS BEING LEGALLY CLARIFIED - PLEASE DO NOT USE IT YET **
+==== Germany ====
+A small business owner occasionally needs temporary workers by the hour. He can offer them an exchange of their paid wages in Minutos. Perhaps 30 Minutos per hour would be appropriate, so that the quality performance can be set at 50%. At the current conversion rate, this would be 15€ per hour.
+German trade regulations require that wages be paid in Euro ([[https://www.gesetze-im-internet.de/gewo/__107.html|GewO Art. 107]]). **Direct payment of wages in Minuto is not permitted in Germany**. On the other hand, the small business owner can, with the consent of the worker, exchange the wage into Minuto after it has been paid. This is easily done with a [[en:cashbox|Minuto cash box]].
-A small business owner needs helpers by the hour from time to time. These helpers can be offered Minutos as payment. Perhaps 30 Minutos per hour are appropriate, so the quality benefit can be set at 50%. At the current conversion rate, this would be 15 Euro per hour, but paid in vouchers rather than Euros.
+Workers can use the Minutos to make purchases from the small business owner, or spend them with other vendors. If they need Euros again, for example for rent or gasoline, then the small business owner can exchange Minutos for Euros.
-The helpers can then use the Minutos to make purchases from the small business or spend them with other suppliers. However, if they need Euros, for example for rent or gasoline, then the small business owner can offer to exchange Minutos for Euro cash. For example, for 30 Minutos, 10 Euros of cash would be conceivable. After all, 10 Euros per hour is still good for many helpers. However, Minutos are thus seen as more valuable (since 15 Euros worth of goods per hour) and Euro cash is rather rarely asked for. This reduces the Euro requirement of the contractor and makes Minuto more popular.
+In Germany, for example, 30 Minutos would be worth 10€ in cash. Because 10€ hourly wage is still good for many helpers. However, Minutos are thus seen as more valuable (since 15€ worth of goods per hour) and Euro cash is rather rarely desired. This reduces the entrepreneur's need for Euros and makes the Minuto more popular.
+==== Switzerland ====
+In Switzerland, wages must be paid in the legal currency (Swiss Francs), unless otherwise agreed or customary ([[https://www.fedlex.admin.ch/eli/cc/27/317_321_377/en|Art. 323b OR]]). Thus, if the payment was agreed in Minuto, the business owner may pay the wage directly in Minuto or otherwise subsequently convert it into Minuto, provided the employee agrees.
+\\
+==== Legal notice ====
+We assume no liability for the above information. Please have them checked by an expert before use.
 ==== Have questions? ====
 You may find the answer at [[en:faq|frequently asked questions]] or write a [[en:discussion|comment]].

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