Posted on 03/06/2015 9:26:02 AM PST by Olog-hai
Germanys Parliament on Friday approved a quota system that will require leading companies in Europes biggest economy to have at least 30 percent women on their supervisory boards starting next year.
The quota will apply to the directors of more than 100 listed companies, though not to their management boards. Another 3,500 firms will be required to set targets of their choosing to raise the number of female directors and women in other leadership positions. [ ]
Lawmakers from Chancellor Angela Merkels governing coalition of conservatives and Social Democrats backed the legislation Friday. Opposition lawmakers, who argued that it didnt go far enough, abstained.
(Excerpt) Read more at hosted.ap.org ...
That’s easy. Short Germany.
Ridiculous.
Democrats introducing similar legislation in the Senate in 3....2.....1.....
Which is why you'll never see the modern equivalent of my car, again.
It will be like affirmative action in the USA. hire the token AA hire, stick them in some highly visible but incredibly useless position. They will invent new titles for the incompitent women like “Eco-Communications officer.”
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