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“If there ever was a time to close the gap between different groups, it’s now,” quotes DER SPIEGEL New Zealand’s Prime Minister Jacinda Ardern. She has imposed strict lockdown measures on her citizens but also intends to lead by example – by voluntarily giving up 20 percent of her salary for the next 6 months. The same will apply to members of her government and other high-ranking public servants.

She also said it was important for well-paid government politicians to show “leadership and solidarity” with frontline workers and those who have lost their livelihoods.

Similar measures are also being taken by German entrepreneurs. Many companies are putting their staff on short-time work. At the same time, executives and managing directors are showing solidarity by reducing their salaries.

For example, the board of thyssenkrupp, led by CEO Martina Merz, announced that they would forego part of their salaries. “We are all in the same boat. This is especially true when we have to put employees on short-time work now,” said board member Oliver Burkhard.

The Bavarian CSU leader also considers it conceivable for politicians and civil servants to forgo salaries and allowances.

herVIEW - Natascha Hoffner

Posted by Natascha Hoffner, Founder & CEO of herCAREER, WiWo columnist, LinkedIn TOP Voice 2020, W&V 2019 – 100 Köpfe
published on LinkedIn on 04.04.2024