Co-determination based on the German model is unique in the world and has been successful for decades. It is effective both in the Works Council and in the Supervisory Board. The Works Councils at the plants, sites, and the own retail outlets are democratically elected by the employees every four years. Elections for employee representatives to the Supervisory Board take place approximately every five years.
Works Council.
Modern co-determination
The Labor representatives of Daimler Truck address many issues in a constructive yet critical dialogue with management, such as:
- Ensuring the transformation toward climate-neutral freight and passenger transport is socially responsible
- Issues related to occupational safety and health, human resources and corporate culture, modern working conditions, as well as diversity and inclusion
As members of the Supervisory Board, Labor Representatives have a say in important strategic decisions, personnel matters at the Executive Board level, and executive compensation, and they exercise oversight functions, for example, regarding the annual financial statements.
Daimler Truck’s Labor Representatives are convinced that the company’s competitiveness is the foundation for secure and attractive jobs in Germany. Employees have been making a decisive contribution to this for decades through their expertise and motivation. The Daimler Truck Works Council is therefore committed to ensuring that the interests of employees are given equal consideration alongside those of customers and shareholders. That is modern co-determination.
