Codetermination
Codetermination is a system which requires a company's supervising board to have employee representatives giving unions and employees a say in policy and a stake in company's success.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Codetermination. In Germany, a system which requires a company's supervising board to have employee representatives giving unions and employees a say in policy and a stake in company's success.
According to the HRBoK Guide,
- Codetermination. A management structure involving employees. An organizational structure in which employees share responsibility for the operation of a company.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.