Most managers in Germany have no problem paying out bonuses and dividends even during the Corona crisis. Nevertheless, many people gladly accept state aid.
Do Most managers in Germany have no problem paying out bonuses and dividends even during the corona crisis. This is a key result of the “Leadership Survey 2020”, which is carried out by the Values Commission and the Technical University of Munich. It is exclusively available to the FAZ. In the survey, 32 percent of executives are unreservedly in favor of paying bonuses and dividends, 22 percent are more in favor. Less than one in five managers (18 percent) are strictly against it.
According to the survey, the willingness of companies to seek outside help is also very pronounced. Half of the managers (49 percent) consider it appropriate to apply to the Federal Employment Agency for short-time work, only just under one in four (23 percent) are more or less against it. Also, only one in five shies away from direct government aid. In contrast, 47 percent rate it as appropriate. The rest of the interviewees answered “partly, partly”.
According to the survey, 83 percent of companies have already issued hygiene regulations in the wake of the corona pandemic and 74 percent have sent employees to work from home, if this was possible. Only 13 percent of those surveyed know of a monetary donation to fight the pandemic.
Very good testimonial for yourself
Behind the values commission stands the association “Initiative values Conscious Leadership”, which has been conducting studies on the value awareness of executives at regular intervals since 2006. 520 managers from Germany took part in this year’s survey, the vast majority of whom belong to the upper or middle management level.
Most managers have a positive view of the increasing digitization, which has accelerated due to the Corona crisis. In principle, 88 percent of those surveyed see digital change as an opportunity for Germany – that is 10 percentage points more than in 2019. However, there are great doubts whether Germans are actually taking advantage of this opportunity. Specifically, every second manager doubts that the local business location with its employees and companies is already adequately prepared.
There is also an interesting dichotomy in the perception of managers. While the verdict on Germany’s digital competencies is generally quite skeptical, the managers give themselves and their company very good marks: 89 percent of those surveyed rate themselves as digitally fit, while 82 percent consider their own company to be prepared. This pattern is known from other surveys: Many Germans are skeptical about the general economic situation. In contrast, most people rate their own situation as good.
Sustainability ranks far below
The managers attach the greatest importance to the values “trust” and “responsibility”. This has not changed in the past few years. In third place, for the first time since the study was carried out, “respect”, which every fifth manager in Germany now regards as the most important value. That is almost twice as many as in the previous year. “The results show that cohesion and team spirit have also increased significantly at management levels as a result of the Corona crisis,” explains Sven Korndörffer, Chairman of the Values Commission.
Interestingly, despite all the climate discussions and the Fridays for Future demonstrations, the importance of “sustainability” has not increased. Only just under 6 percent of those who do business in companies state that sustainability is the most important personal value for them.