Do gender quotas work? What are the downsides? Is there a better way to achieve parity in senior roles? Writing in this week’s NLJ, Ranjit Dhindsa, head of employment, Fieldfisher, weighs up the pros and cons of board level quotas at large listed companies.
In October 2022, the EU Council adopted the ‘Women on Boards’ Directive, which will apply from June 2026. Brexit notwithstanding, this Directive will have an impact on businesses in the UK for a variety of reasons.
Dhindsa looks into what will change, who will be affected, and whether quotas will have the desired effect. They have worked well in Norway and in Italy, although account must also be taken of some downsides.
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