Unfortunately, I don't think there is any chance this will pass. Swiss are very risk averse and I don't think they want to mess with the successful economy they have now. There is way to much uncertainty.
The initiative to increase the minimum holiday (4 to 6 weeks) failed already.
For those interested, there is a initiative this month to limit the maximum salary to 12x the minimum salary in the same company (1:12) which might pass..