Employee capital participation scheme - "Working together to achieve success"
"Through partnership to success" – it was with this motto that company founder and Honorary Chairman of the Supervisory Board Gerhard Schuler turned HOMAG AG into the world’s biggest manufacturer of woodworking machinery.
Right from its foundation, HOMAG AG has fostered a spirit of cooperative partnership between management and workforce which has been a major underlying factor in the company’s success.
To turn this spirit of cooperative partnership from the intangible into the material, HOMAG AG decided to introduce a system of silent employee participation as far back as 1974. Today, almost every member of the workforce is not just an employee but also a co-partner.