Give workers a share of profits and more say
The SPD wants employees to share more in company profits, through higher wages and through jointly controlled equity stakes. It also wants to extend co-determination in workplaces and companies to more topics. The party argues this makes the economy stronger.
The SPD wants workers to get more of their company's profit. This should happen through higher pay. It should also happen through shares that workers manage together. Workers should also have more say in their company.
The platform sees equity participation as a complement to expanded co-determination rights. Employees and unions are to have a say on training, digitalization, staff planning and future strategy as well. The reasoning given is that workers often know the most practical solutions. The approaches of the "Arbeit 2020" project, which ended late the previous year, are to be rolled out to more companies and sectors in a broad program.
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„Wir werden dafür sorgen, dass Mitarbeiterinnen und Mitarbeiter stärker an den Gewinnen von Unternehmen beteiligt werden, sowohl durch höhere Löhne als auch durch gemeinschaftlich kontrollierte Kapitalanteile an ihren Unternehmen.“Translation: We will ensure that employees get a greater share of company profits, both through higher wages and through jointly controlled equity stakes in their companies.
Placement
- Economyleaning more state
More profit sharing and wider co-determination gradually shift influence and returns toward employees.