Schaeffler and IG Metall Form Joint Committee

Schaeffler Group and the IG Metall union agreed to form a joint committee which, according to the company, “represents the first joint step towards the agreed implementation of co-determination in the company. The joint committee consists of six representatives from each party and is intended for the exchange of information about issues related to the economic situation and further development of the Schaeffler Group. A representative of the Schaeffler Group will act as the chairman and an employee representative will be deputy chairman of the committee. The joint committee will hold four ordinary meetings per year.

Schaeffler Group welcomed the result as “an important contribution to a good working relationship between both parties.”

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