In supervisory boards of approximately one hundred companies, which have been tied to women’s quota since 2016, proportion of women has risen to an average of 30 percent. This is conclusion of so-called manager barometer of German Institute for Economic Research (DIW). It is showing that many companies went beyond required minimum.
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There is a different view in boards of German companies: re is almost a standstill in this respect. The DIW analyzed structure of more than 500 companies and found that in 200 sales-strongest companies proportion of women at top of market remained at a little over eight percent. It was only in thirty DAX companies that it rose by two points to 13 percent.
The women’s quota for supervisory boards is “as in or European countries,” said Elke Holst from DIW. As is evident in development of Board of Directors, it is also true that “without pressure and imminent sanctions, re is obviously almost nothing going on”. So far re is no binding quota system for board of Directors. Companies and policies should now work toger to improve framework conditions for women and to enable m to have career opportunities.
According to DIW, re is a need for catching up especially in financial sector: proportion of women in boards and boards of hundred largest banks rose 2017 slightly to just under nine or 23 percent. On or hand, he declined somewhat in both bodies of sixty largest insurance companies. Although more than half of all women are employed in financial sector, ” high management positions are largely men,” DIW conclusion is.
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On this basis, Family Minister Katarina Barley (SPD) urged new laws. A female share of under ten percent in boards of big German banks was “unacceptable,” Barley said to Handelsblatt. “Where self-set target sizes do not work, we need clear rules.”
