Co-determination

A legislative amendment took effect on 1 January 2019 which amends the Works Councils Act and extends the right of works councils at large companies to receive information on the level of remuneration within the company, including the top executives’ salaries. This means that the pay ratio and differences in income must be discussed at least once a year during the consultation meeting with the works council. Companies do not have to provide salary information on individual top executives or employees. The works council will also not gain influence on the decision-making process at the level of remuneration.

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