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MIL OSI Translation. Region: Germany / Deutschland –

Source: CDU, CSU,

06/22/2020

The decision of the coalition Committee to implement the employee participation quickly

The Bundesverband Deutsche Startups e. V. has published today a study on employee participation. In this, it is clear that Startups need the Instrument of employee participation. For this purpose, the digital policy spokesman of the CDU/CSU group in the Bundestag, Tankred Schipanski, and the competent Rapporteur for the topic of Startups in the working group Digital Agenda, Marc Biadacz explain:

Tancred Schipanski: “Digital innovations in Germany are mainly developed by Startups and by the pressure from Startups to larger companies. You are a major reason for this is that Germany in the areas of Internet of Things and industry 4.0. one of the world’s top places occupies. But: in Order to establish ourselves as an attractive location for Startups, we need to improve the possibilities of Employee participation, because these are start-UPS a Win-win opportunity. Young Startups can recruit qualified staff through attractive remuneration, opportunities, and personal responsibility. Employees have the opportunity to benefit to a considerable extent by the success of the company. It is important that for employees with regular income, no existential risks.“

Marc Biadacz: “The current legal situation to employee investments, the needs of practice not needs. There are still a few knobs to be rotated. In the European and international comparison, the tax attractiveness of Participation schemes in Germany is very low. We need to address issues such as the increase in the tax-free amount for employees ‘ investments, or the fair taxation of the proceeds of employee shares. In the longer term, we should also consider how a more balanced regulatory framework for virtual participations can be created.

Especially in times of global pandemic, we need to young companies and Startups as a driver for innovations in all economic and life support areas. They contribute to innovation and economic strength of Germany. It is now up to the Federal government to present measures to the decision in the context of the stimulus package to implement.“

MIL OSI

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure need be perfect.

MIL Translation OSI