ELI5: Explain Like I'm 5

Codetermination

Codetermination is a way for employees and employers to work together to make decisions about a company. It means that employers and employees both have an equal say in decisions about how a company is run. That way, everyone has a stake in the company's success or failure, which can help make sure it works for the benefit of everyone. To do codetermination, employees and employers get together in groups and talk about what the company should do. They can come up with plans to better the company and make sure that both employees and employers feel like their needs are met.