The European Commission have said that they may legislate in an attempt to get more women into top management jobs in and around Europe because companies at the moment are being too slow improving their gender balance.
The EU’s Justice Commissioner, Viviane Reading has said that any kind of “self-regulation” hasn’t yet brought any kind of satisfactory results for women in the workplace. This comes after last year when she invited EU firms to sign a voluntary pledge to appoint more women to jobs in their boardrooms and around their boardroom tables. However, she said that only 24 firms signed it.
Ms Reading has taken it upon herself to launch a public consultation, which could even lead to possible legislation which will be aimed at addressing the gender imbalance in a number of different companies in the EU.
The reason that there’s such an effort to try and get more women into the boardrooms of some of Europe’s top companies is because there’s only one in seven board members at some of Europe’s top firms, 13.7%.