S1-8 – Collective Bargaining Coverage and Social Dialogue

Collective agreements cover 85% of Vonovia employees.  Some employees at Vonovia Germany (excluding the Care segment) are subject to multiple agreements, including a collective agreement for the establishment of works councils and a wage agreement.

Employee representation within the framework of social dialogue covers 85% of Vonovia employees. 

An agreement with employees provides for the representation of a Societas Europaea (SE) works council. The highest representative body of the employees is the Group works council. An SE works council was also set up at the level of Vonovia SE.