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Feature18 March 2019,
updated18 March 2019Siemens AGMunich
Siemens wants to foster a vibrant equity culture at all levels of the company. Through a variety of share plans such as the Share Matching Program – one of the world’s largest employee share programs – Siemens employees can also become company owners. In addition, Siemens Profit Sharing was launched in 2015 to enable all employees below management level to participate in the company’s development. Share ownership is a key aspect of Siemens’ Ownership Culture, which aims to motivate every employee to act as if Siemens were his or her own company. Around 80 percent of Siemens’ global workforce currently holds shares in the company.
Employee equity programs pay off for both sides – for companies and employees. When employees own equity in the company they work for, they participate directly in its development and gain an opportunity to accumulate assets they can use, for example, to increase their retirement savings. By supporting the Berliner Appell (Berlin Appeal), for instance, Siemens is calling for better tax incentives to further encourage employee share ownership in Germany.
Employee equity programs pay off for both sides – for companies and employees. When employees own equity in the company they work for, they participate directly in its development and gain an opportunity to accumulate assets they can use, for example, to increase their retirement savings. By supporting the Berliner Appell (Berlin Appeal), for instance, Siemens is calling for better tax incentives to further encourage employee share ownership in Germany.
Infographics
Vibrant equity culture at Siemens
Eighty percent of all Siemens employees worldwide are now also Siemens shareholders. In total, around 300,000 of the company's 377,000 employees worldwide hold Siemens shares. The company had aimed to have about 200,000 employee shareholders by 2020. This target has now already been exceeded by a clear margin.
Vibrant equity culture at Siemens
Eighty percent of all Siemens employees worldwide are now also Siemens shareholders. In total, around 300,000 of the company's 377,000 employees worldwide hold Siemens shares. The company had aimed to have about 200,000 employee shareholders by 2020. This target has now already been exceeded by a clear margin.
How does the Siemens Profit Sharing work
How does the Share Matching Program work
Further Information
Tag der Teilhabe
Background Information
Berliner Appell
The people of Germany should receive a larger share of the profits earned by the country’s successful economy.
Press Pictures: "Tag der Teilhabe" (“Ownership Day”) 2015 – Participation of employees and executives in their companies
Joe Kaeser, President and CEO Siemens AG, at a plenary discussion on employee participation in Germany at "Tag der Teilhabe" (German for "Ownership Day") 2015 in Berlin, Germany.
From left to right: Michael H. Kramarsch, Managing Partner hkp/// group; Reiner Hoffmann, President, German Confederation of Trade Unions; Joe Kaeser, President and CEO, Siemens AG; Matthias Machnig, State Secretary at the Federal Ministry for Economic Affairs and Energy.
From left to right: Michael H. Kramarsch, Managing Partner hkp/// group; Reiner Hoffmann, President, German Confederation of Trade Unions; Joe Kaeser, President and CEO, Siemens AG; Matthias Machnig, State Secretary at the Federal Ministry for Economic Affairs and Energy.
Siemens CEO Joe Kaeser calls for employee participation at the "Tag der Teilhabe" (German for "Ownership Day") in Berlin, Germany. Currently, 144,000 Siemens employees are also shareholders of their company. By 2020, Siemens aims to increase this number to more than 200,000 employees worldwide.
Since the introduction of the Siemens Share Matching Plan in 2009, more than two million matching shares have been issued to employees. In February 2015, Siemens President and CEO Joe Kaeser symbolically presented the two-millionth matching share to an employee in Turkey.