Employees' financial participation remains unchanged during the financial crisis in Germany

Abstract

"The discussion about the financial participation of employees has a long tradition in Germany. During the economic crisis 2008/2009 discussions arose about participation schemes as an instrument for financial restructuring of firms confronted with economic problems. There are both arguments for firms implementing financial participation in times of economic turbulence as against introduce such measures. Yet, a trend for raising rates was not observable according to the IAB Establishment Panel Data. Nine percent of the firms use profit sharing and just one percent share ownership schemes in 2009. Incidence figures are nearly unchanged compared to the beginning of the century. Furthermore our analysis show that the larger the enterprise the higher the proportion of firms having financial participation just as firms in the information/communication and finance sector." (Author's abstract, IAB-Doku) ((en))

Cite article

Bellmann, L. & Möller, I. (2011): Finanzielle Mitarbeiterbeteiligung: Selbst die Finanzkrise sorgt nicht für stärkere Verbreitung. (IAB-Kurzbericht 17/2011), Nürnberg, 8 p.