Germany will require companies to put women executives on their boards

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 99%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Germany's coalition government has agreed to a mandatory quota for women on the boards of listed companies.

Franziska Giffey, Germany's minister for women and families, is pictured here. Germany's coalition government has agreed to a mandatory quota for women on the boards of listed companies in what's being hailed as a landmark moment forListed companies with management boards of more than three executives must appoint at least one woman to the C-suite, according to aFriday by Germany's ministry for family affairs, senior citizens, women and youth.

Germany lags several major economies when it comes to the proportion of senior executive positions held by women. According to the Swedish-German Allbright Foundation, a nonprofit, women make up just 12.8% of the management boards of Germany's 30 largest listed companies. Still, legally-binding quotas as a tool for achieving gender equality are controversial. Opponents argue that they are too prescriptive and may result in women being unfairly promoted, or perceived as beingAccording to Allmendinger, the decision to introduce a quota follows decades of lobbying by women in Germany on issues pertaining to gender equality in the workplace.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

liberalism is just conservativism with a woman on the corporate board. capitalismisthevirus.

What happens if no qualified women apply?!

Required... because that always inspires respect.

Love requirements - first masks now women on boards - what next

And what if they don't have the qualifications

Tokenism is not the way to remove barriers that prevent women from getting on executive boards - if any exist.

I hope they are qualified too and not just filling a number

“REQUIRE”?!? Whatever happened to the most qualified candidate?

What if I identify as a woman ?

Germany should be careful what they ask for ... simply look at Trudeau ‘s antics with gender equality .... make the entire board women , as long as they are qualified , having said that if the best candidates happen to be all balding white men that are most qualified .. so be it

Why?

They need a leg up in the workplace but women are the stronger sex, are they?

Nothing says 'strong independent woman' more than the government literally force companies to parachute them into positions of power.

Canada should follow suit shortly as it has a feminist P.M.

Doesn’t matter if they suck at the job, as long as they aren’t viewed as misogynistic.

I have 3 daughters and I would be ashamed if they got their jobs just to fill a quota.

Should be the best candidate for the position regardless of sex, race or religion!

Well that's rather authoritarian.

So by that token, they all need a member from all micro communities. 2 B determined if 'stacking' will be allowed. I.E. : A Black Gay Jew or a Transgendered male Jehovah's witness that identifies as a palm tree from the planet Wexteegront-chi-cho.

Wow the world is losing their minds

Fight sexism with....sexism

The germans are up to their old tricks again!

This will have the opposite of the desired effect. 1 that woman will not get respect from her colleagues. 2 if someone knows that are being given a handout why would they work hard to be always get better

Germany heads back to 1940's directed economy.

Ridiculous.

This will have the opposite of the desired effect. 1 that woman will not get respect for her colleagues. 2 if someone knows that are being given a handout why would they work hard to be always get better

Should be open to any gender, race, age, creed etcetera, as long as those individuals have the proper job qualifications. That should be the first thing looked at when making a determination.

If German women simply identify as men (which is not a giant leap) - then problem solved.

Want to close the wage gap, or aspire to a board position? Change your major from Arm-Dancing Therapy For Feminist SJW’s to say, Electrical Engineering.

HeHe getting a job just cause you have fuzzy bunny.

Competent or not - just like Trudeau’s Cabinet- we so many of these and so many of those

If you think women need help to get to a high ranking position. Newsflash, you're the sexist. Not the person who's saying be better. Sure there are sexists in your way and that isn't fair. But getting hand outs isn't the solution, it will only cheapen the 'achievement'

Only if they are smart enough. Hope this isn’t just to fill quotas.

Right wingers: Please bow to your corporate overlords! Leftists: How about we tax them? Liberals: I have a better idea, what if half our oppressors who steal our money, pay us slave wages and hide their hoarded wealth were women?

Someone needs to make the coffee and bake the cookies.

What could go wrong?

I’d offer the first woman I saw on the street the job to sit there, shut up and be our token female. Why not? If it’s not about merit then why hire someone remotely qualified at all.

“Require”?

This is called SEXISM.

How about ensuring girls and women enroll in academic programs so that companies have a great pool to draw from at their discretion?

I love when the news posts this incel bait. 📯 Calling all misogynists, come share why you think this is bad! Lol

How sexist

Adolph would be proud.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines