Abstract
Over the last three decades a unique system of labour‐management relations has evolved in West Germany. Through codetermination employees are able to participate in management decision‐making. This article focuses on the benefits employees derive from codetermination with employment security and apprenticeship programmes singled out for special attention. The findings indicate that while codetermination does not ensure employment security, it does offer substantial protection to minimise the economic hardship of joblessness. There also appears to be a positive link between effective codetermination and stronger corporate efforts in the area of apprenticeship programmes.

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