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Elke Ferner, MP Parliamentary State Secretary / Vice Minister

Global Summit of Women 2015 Creative Strategies for Successful Women-on-Boards Initiatives: The new Quota Law in Germany. Elke Ferner, MP Parliamentary State Secretary / Vice Minister Federal Ministry for Family Affairs , Senior Citizens , Women and Youth, Germany. 1.

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Elke Ferner, MP Parliamentary State Secretary / Vice Minister

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  1. Global Summit of Women 2015Creative Strategies for Successful Women-on-Boards Initiatives: The new Quota Law in Germany Elke Ferner, MP Parliamentary State Secretary /Vice Minister Federal Ministryfor Family Affairs, Senior Citizens, Women and Youth, Germany 1

  2. A working world of equal participation today • More girls than boys obtain a university entry qualification (Abitur) (53%), • More women than men graduate from university, and often young women perform better. 2

  3. Women in senior positionsIndustry and public service

  4. The need for a quota 2015 (200 largest companies) Executive boards: 5.4% Supervisory boards: 18.4% Other nations set good examples: Role model nationssuch as e.g. France, Scandinavia have achieved a lot with women’s quotas 2006 (200 largest companies) Executive boards: 1.2 % Supervisory boards: 7.8% since 2001 Voluntary agreements with industry

  5. It‘s a Question of Justice initiate cultural change more diversity results in more success Equal chances become the „rule“ strengthen partnership 5

  6. What does the Quota Law do for us? The Quota Law increases the share of women: • In senior positions in private industry • In senior positions in the Federal service • In positions on Federal panels 6

  7. The essence of the Quota Law 30% quota for industry Further goals set for industry Tightening up the laws for the public service 2nd pillar 1st pillar 3rd pillar 7

  8. Example 12-member supervisory board • Representatives • employees of shareholder What sanctions does the Quota Law embody? • maxs • Maximum • or • mins • Minimum • ors • or • ors • 8

  9. Let's make change happen! Thank you very much! 9

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