The Family Commission, one of the 16 commissions created by Angela Merkel’s conservative union (CDU/CSU) and the social-democratic party (SPD) within the framework of the negotiations for the program for a grand coalition government, announced on Sunday night that it had reached a permanent agreement on the issue of women’s quotas in corporate managements. Starting in 2016, when board members are renewed, listed businesses will have to respect a quota of 30 percent of women. For corporate management and supervision, the conservatives rejected the quota option. Nevertheless, starting in 2015, businesses will have to declare their objectives and schedules in terms of women in management. Two other measures improving work-life balance were also announced. (Ref. 130712)
30 percent of women on boards as of 2016. the two leaders of the Family Commission, Manuela Schleswig (social-democrat) and Annette Widmann-Mauz (conservative) announced, on Sunday, November 17, that they had reached an agreement on the introduction of a fixed, mandatory quota of women on the boards of businesses listed on the Frankfurt stock market.
Do you have information to share with us?