Donnerstag, 27. November 2014

Coalition agrees on Women’s Quota in Germany

The ongoing quarrel in the German coalition about a statutory quota of women in German companies has come to an end. The leaders of the great coalition agreed on a quota of 30 percent in the Supervisory Boards of the biggest  German companies without any exceptions.

On Tuesday, the party and fraction leaders of the Union and the SPD came to the agreement, that as of 2016 nearly 30% of the position in Supervisory Boards of 108  publicly listed companies have to be filled with women – no exception. The draft bill is supposed to be approved on the 11th of December.


The  sanctions against companies that fall short, planned by the federal minister of Women’s affairs Manuela Schwesig and her legal colleague Heiko Maas (both SPD), will be included in the law. Should a company not fill the required position with female Supervisory Board members, their chairs will remain free. According to the black-red coalition agreement this quota is also binding for companies in the public sector.

Keine Kommentare:

Kommentar veröffentlichen