Germany: the Grand Coalition wants to improve legislation on setting bosses’ wages

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11 March 2009 à 09h42

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4 minutes

Publication: 11 March 2009 à 09h42

Reading time: 4 minutes

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Publication

11 March 2009 à 09h42

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4 minutes

Publication: 11 March 2009 à 09h42

Reading time: 4 minutes

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anagers’ pay and bonuses is still raging, the parties of the Grand Coalition, CDU/CSU and SPD, adopted, during a summit meeting on the night between march 4 and march 5, 2009, new rules to limit the wages of German managers. These measures, improving joint management in large businesses listed on the stock exchange, are presumably the last compromise reached by an exhausted coalition before the legislative elections. However, the Confederation of German Trade Unions, DGB, said that they...

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