Boardroom Diversity: Quotas are not helping women into senior management
New research by Korn/Ferry Whitehead Mann for the High Pay Centre, looking at international comparisons of female representation on boards
Research for the High Pay Centre, prepared by Korn/Ferry Whitehead Mann ahead of our major 'Women on Boards' conference, suggests that countries that have introduced minimum quotas for the proportion of women on boards are still not seeing enough women reach Executive Director level. The research found that the majority of women Directors are in non-Executive roles, and concluded that policymakers must go beyond quotas in order to address the shortage of women in executive or senior management positions. These findings were debated at the conference, run in conjunction with the Guardian and the Friedrich Ebert Stiftung, and featuring speakers from France, Spain, Norway and Germany, as well as Shadow Chief Secretary to the Treasury, Rachel Reeves, Conservative MP Nadhim Zahawi and Green Party Leader Natalie Bennett. Our research was also covered in a Guardian report.
Since 1 January 2017 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Full text of joint CIPD/HPC submission to UK BEIS department Feb 2017
This unprecedented joint submission signifies the importance of this moment: an opportunity to make meaningful, lasting reforms to executive pay and boardroom culture and practice
- Joint HPC/CIPD response to government corporate governance green paper
Reform of pay and governance structures matter to all employees. We are pleased to make a joint submission with the CIPD
- Fat Cat Wednesday 2017
Welcome back to work. FTSE100 bosses will have already clocked up an average annual UK salary by lunchtime today.