Companies will be forced to have at least 40% female board members under European Commission plans

See my earlier posts on this at Getting Women on Board

Kindadukish's Blog - I am not a number, I am a free man (The Prisoner)

Companies will be forced to ensure that at least 40 per cent of their board members are women under European Commission-backed plans to help women into top jobs.

The rules demand that companies give non-executive directorships to women, where there is no male candidate who is better qualified, until they reach a target of four in ten. More radical plans were softened by the commission, which rejected imposing a penalty for firms who fail to reach the quota. 

Companies will be forced to ensure at least four of ten board members are women under EC-backed plans

Companies will be forced to ensure at least four of ten board members are women under EC-backed plans. However, the draft law does envisage possible fines for companies that ignore the selection rules.

European Union justice commissioner Viviane Reding, who launched the proposal, said: ‘The Parliament has made the first cracks in the glass ceiling that continues to bar female talent from the top jobs.’

 The news rules do not help women aiming for…

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