If adopted, the bill will for the first time require listed companies subject to co-determination laws and large state-controlled firms to include at least one female on their management boards, providing they already have more than three members. In addition, it will be easier for board members to take maternity leave, parental leave, or leave to care for dependent relatives.
On 28 May, about five months after the German government adopted a bill on female quotas at large company executive board level (c.f. article No. 12296), the conservative CDU/CSU parliamentary groups together with the SPD Social Democratic Party agreed on the details of the future legislation aimed at raising female representation on executive boards. The bill is expected to be adopted on 11 June following its second and final third readings by the Bundestag.
Breaking the glass ceiling. “This is
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