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More Henkel Corporate Reporting 2014
Employee representative bodies, local works councils, and trade union representatives form a common platform for exchanges of views and consultation with management. We inform the employee representatives as promptly as possible, in as much detail as possible, and at regular intervals, about, for example, our corporate strategy and any planned acquisitions.
The information and consultation processes are most extensively established in Europe. In 1995, Henkel was one of the first German companies to voluntarily set up a European Works Council (EWC) to continue the successful cooperation between management and employee representatives at the European level.
Through the EWC, Henkel informs the representatives of its European companies about matters such as the economic situation, transnational initiatives of the Company such as restructuring or reorganization programs, safety, health and the environment, and training and development programs. Henkel informs and consults its employees’ representatives before decisions are made. This helps Henkel to identify possible problems at an early stage, so that solutions can be found, and it reinforces its employees’ sense of identification with the Company.
An important component of our Social Standards is protection of the right of assembly. Employee interests are represented by works councils, independent unions, or other forms of employee representation, such as staff meetings. In countries where no employee representation is planned or established, the social dialogue with the respective management serves as a voluntary and informal instrument for close communication.