noun
- a system in which employees have a formal role in making decisions about company management and policy, typically through representation on a board of directors or works council.
Usage: chiefly used in European labor relations and corporate governance contexts; also called co-determination
Examples
- Germany's codetermination model requires large companies to include worker representatives on their supervisory boards.
- Codetermination gives employees a voice in strategic decisions that affect their jobs and working conditions.
- The company adopted a codetermination framework to improve labor relations and boost employee morale.
- Under codetermination, workers can influence hiring, investment, and workplace policy decisions.
- Advocates argue that codetermination leads to more equitable and sustainable business practices.