After about six months of talks, the conservative party (CDU/CSU) and the social-democratic party (SPD) presented, on April 21, 2008, the guidelines of a project to encourage employees to participate in their company's capital. Employers vividly criticize it, while unions welcomed it. It should come into effect in January 2009. (Ref. 080332)
When they presented their plan, CDU/CSU and SPD representatives reminded that their parties have been pleading for years in favor of better participation of employees in the capital of companies (Mitarbeiterkapitalbeteiligung – see our article No. 080220). According to them, it would strengthen employees’ motivation and sense of responsibility. It would also enable to reduce the growing gap between the evolution of business profits and the evolution of wages. Between 2003 and 2007, companies’ i
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