Table 2 Incidence of financial participation by plant characteristics

Number of employees

< 5

0.056

0.051

0.015

5–9

0.088

0.079

0.019

10–19

0.132

0.122

0.025

20–49

0.193

0.180

0.038

50–99

0.252

0.234

0.048

100–199

0.294

0.273

0.058

200–499

0.350

0.325

0.075

500–999

0.433

0.398

0.111

≥ 1000

0.591

0.534

0.247

Bargaining arrangements

No collective bargaining

0.140

0.131

0.027

Bargaining at the plant level

0.220

0.202

0.054

Bargaining at the industry level

0.267

0.242

0.070

Works councils

No works council in the plant

0.118

0.110

0.022

Works council in the plant

0.352

0.323

0.092

Location of plant

Western Germany

0.206

0.191

0.047

Eastern Germany

0.139

0.127

0.031

Industry

Agriculture

0.101

0.085

0.039

Mining, energy

0.276

0.247

0.078

Food

0.127

0.114

0.028

Consumer goods

0.152

0.136

0.029

Producer goods

0.203

0.186

0.048

Investment goods

0.272

0.254

0.059

Construction

0.097

0.087

0.027

Trade

0.178

0.166

0.034

Transport, communication

0.157

0.145

0.035

Banks, insurance

0.466

0.406

0.165

Catering

0.090

0.086

0.014

Education

0.176

0.167

0.028

Health service

0.091

0.085

0.013

Services for companies

0.220

0.208

0.054

Other services

0.127

0.120

0.018