Enthusiasts more managers in the board - women's share at peak

00:40  08 january  2022
00:40  08 january  2022 Source:   t3n.de

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According to a study, there are more women on the executive boards of listed German companies than ever before. In about half of the companies, however, there is still no manager on the line. In the 160 companies in the DAX family, the number of female board members has increased by 20 to 94 top managers within one year. This is the result of a current evaluation by the auditing and consulting company EY. This is the highest value and the strongest increase since the evaluation began in 2013.

Table 2.2 Share of women as permanent full-time workers and in top management of enterprises, by world and region, latest available years (percentage). Box 2.1 A glimpse into women managers from the pool of survey respondents. Box 2.2 Case study on women in business in Central America. 3. Gender diversity in the boardroom and corporate governance 3.1 Women on boards 3.2 Women as board chairpersons 3.3 Gender diversity on boards and its wider impact 3.4 “Glass walls” on company boards 3.5 Initiatives to advance gender diversity on boards . iii xi xii xiv.

The directors listed German companies continue to be dominated by men. Last year, however, comparatively many women's leap in the supreme management level has succeeded. The pace could speed up.

Frauen in Führungsposition. © Fizkes / Shutterstock Women in leadership position.

In the top floors listed German companies, there are so many women like never to previously. After an evaluation of the audit and consulting company EY, the number of female board members in the 160 companies of the DAX family increased by 20 to 94 top managers. These are the highest value and the strongest increase since the beginning of the evaluation in 2013. In just about half of the investigated companies, however, January 1, 2022 was not a woman in the leadership panel. In international comparison, Germany also lags behind.

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We need more managers to think less about employees being men or women , and to see them as just people. Could success in achieving change come, as it did for me, from empowering individuals in an environment that aims to eliminate gender comparisons — even if it does happen gradually? For example, more and better access to equal parenting leave would lessen assumptions that women ’ s careers will be disproportionately disrupted by parenthood. Individuals: As individuals, we have great power to effect change, by promoting equality at work, at home and in the next generation’s upbringing.

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"The German Board busts are female, but the change takes place very slowly. Currently, on average, a woman sees six men, "explained Ey expert Markus Heinen. In addition, a manager at the top of the Board is in just nine companies. Heinen, however, assumes that the women's quota valid since August 2021 for board members of the share of female executives will increase significantly in a short time.

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infringement of minimum specifications must be justified

in listed and equivalent companies With more than 2,000 employees and more than three members of the Executive Board, care must be taken to ensure that at least one woman sits in the board. Other listed or co-determined companies that do not fall under the minimum requirement must justify if they are planning their board without women - if they specify a "target size zero" in their reports. If that does not happen, threatening fines.

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The presence of women on Boards can have a cascading affect and spark organic diversity change at the organisational level. This shift devolves to improved human and social capital at the team level, which can lend itself to longer-term social and economic gains for the organisation. In the context of Queensland Government boards , promising change has been seen in the one year since the launch of the Women On Boards initiative. However, this research reveals opportunities for some boards to adopt a more strategic approach to gender parity and inclusion and to better position themselves to

"If we see more and more women at the corporate peaks in the coming years, this is an enormous signal effect," Heinen showed confident.

The share of female leaders in the Executive Board increased EY by 2.4 percentage points 13.4 percent year-on-market at the previous year.

In the international comparison, Germany stops after a study published in October of the Non-Profit AllBright Foundation. In the US $ 30 in the US, the proportion of women was 31.1 percent as of the balance sheet date 1 September 2021, followed by Great Britain (27.4 percent) and Sweden (27.1 percent). In Germany, the proportion based on the then only 30 companies comprehensive DAX was around 18 percent. As with digitization, it requires a departure that advance the German economy, "and it needs a significantly higher proportion of women in the board members," said the managing directors of the Allbright Foundation, Wiebke Ankersen and Christian Berg.

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highest is the proportion of female executives Ey according to the top German stock market league with 18.1 percent. In about 78 percent of the now 40 DAX corporations, at least one woman decides in the top floor. Only 22 percent of the stock market growing weights have no female board member.

significantly lower is the presence of top managers in companies listed in the MDAX or SDAX. In the index of medium-sized values ​​MDAX, the proportion of women in the Executive Board is 11.1 percent, in SDAX at 10.8 percent. In the majority of companies of the two indices (each more than 60 percent), only men sit in the leadership panel.

According to industries, the proportion of women in the top floor of the telecommunications industry is highest at 19.2 percent. In the automotive sector - which is commonly dominated by men - 18.8 percent of the board members are female. The proportion of top managers is particularly low in IT companies (11.4 percent), industrial companies (10.7 percent) and media companies (7.0 percent).

create women in the supreme management level, according to an earlier EY study, however, they have better chances of attaining salary poker. Thus, the total remuneration of managers in the Management Board of companies of the DAX family increased by 8.2 percent to 2.31 million euros in 2020 compared to the previous year. Male members of the panel had to be satisfied with an increase of 1.6 percent to 1.76 million euros. DPA

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