DAX companies do not want a female quota for board members

DAX companies do not want a female quota for board members

Dax : France | Oct 15, 2011 at 8:16 AM PDT
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German Labour Minister Ursula von der Leyen favours boardroom quotas for women

The top 30 DAX companies do not want to refer to attempts to increase its proportion of women reporting one of the "Süddeutsche Zeitung", according to its executives and board members. The newspaper reported that most of the corporations want to do occupy 20 to 30 percent of all jobs in upper management in the coming time with women. Information to management and supervisory boards were missing, however, reported the "SZ", referring to a list of companies to prepare for a meeting with government officials on Monday.

Labour Minister Ursula von der Leyen (CDU) had proposed in the spring, companies would have in 2018 a third of management positions filled by women. Federal Family Minister Kristina Schroeder (also CDU) wants to force companies by law, however, to give themselves to each individual quota as a target.

According to the newspaper report, the companies set their goals very different periods. For example, to Allianz, Bayer, Commerzbank and Deutsche Telekom to reach the 30 percent already end of 2015. Other DAX companies as BMW and Daimler want to be five years, however, therefore more time and are 20 percent or less.

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DAX companies do not want a female quota for board members
Maroof Kamboh is based in Karāchi, Sind, Pakistan, and is a Stringer on Allvoices.
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