Wednesday, March 15, 2006
news - SAP Comments on Planning of Works Council Election
news - SAP Comments on Planning of Works Council Election: "An extensive evaluation of the legal situation in Germany has shown that the current federal laws do not provide the option for SAP to establish an employee representation system aligned with its traditional practices or to prevent the imposition of an election committee by a court ruling.
As such, the executive board welcomes the decision today by the SAP employee representatives in the supervisory board to organize a works council election themselves. The employee representatives will hold a company meeting in the coming weeks with the aim of electing a committee to conduct an election for the 9,000 colleagues at SAP AG�s sites in Walldorf and St. Leon Rot.
�It is important now that we make the best possible use of the options available to us within existing corporate law,� said Claus Heinrich, member of the SAP Executive Board."
As such, the executive board welcomes the decision today by the SAP employee representatives in the supervisory board to organize a works council election themselves. The employee representatives will hold a company meeting in the coming weeks with the aim of electing a committee to conduct an election for the 9,000 colleagues at SAP AG�s sites in Walldorf and St. Leon Rot.
�It is important now that we make the best possible use of the options available to us within existing corporate law,� said Claus Heinrich, member of the SAP Executive Board."
