Germany Seeks More Women in Upper Management

Posted October 17th, 2011 at 11:25 am (UTC-5)
Leave a comment

Germany's top 30 public companies have unveiled plans to increase the number of women working in high-level management positions.

The companies, which are all traded on the leading DAX index of blue-chip stocks, launched the initiative Monday. At a meeting in Berlin, each of the companies presented individual targets for increasing the number of women in upper management jobs.

Members of Chancellor Angela Merkel's government initiated the idea. In addition to Mrs. Merkel, Germany's government includes five women in Cabinet posts.

But the government is split over whether gender equality issues should be legislated to make them compulsory.