European Employment Law Update — women on boards: EU

In November last year, the European Parliament voted to adopt the European Commission’s proposed directive to increase the number of women on the boards of listed companies in Europe. The new directive will set a target of 40 per cent female representation on non-executive board member positions in companies listed on stock exchanges, to be achieved by 2020 (2018 for public authorities). As well as non-listed companies, small and medium enterprises (those with fewer than 250 employees and an annual worldwide turnover of not more than €50m or £42m) would be exempt from the new directive…

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