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The EU law only applies to publicly-traded companies
It’s a sausage fest in here, boys.
Let’s get some bitches up in here to monitor our every move and thwart every single thing we try to accomplish, eh?
Large and mid-size private firms in Norway must have boards comprising at least 40% women, Norway’s government proposed in a bill on Monday, in a further push to break the glass ceiling preventing women from reaching top positions.
The Nordic country was the first in the world to introduce a 40% gender quota on the boards of listed companies, in 2005, kick-starting an international push to force companies to have more women on boards.
In December, Norway’s government proposed an extension of its quota law to apply to large private companies.
This letting women vote thing has been great for Norway so far
On Monday, it said the proposal would also affect mid-size private firms – those with minimum 30 employees and yearly revenues above 50 million crowns ($4.7 million) when fully implemented in 2028.
“We are the first country in the world to do this,” Industry Minister Jan Christian Vestre told a news conference.
Jan Christian Vestre
He said that while the push is based on the government’s ambitions to create a fair policy on equality, the primary driver was economical.
“It is about, first and foremost, creating more value, innovation, creativity and using all the resources in our society,” Vestre said.
The proportion of women on boards in private Norwegian firms is currently 20%, the government said, up from 15% two decades ago.
“This, we believe, is going too slowly and I am impatient,” Vestre said, adding that the government’s latest proposal has the backing of the main Norwegian employer lobby, NHO, and the main trade union confederation, LO.
Jan, this is not going to get you laid.
Sorry, I hate to say it, but it’s not happening.
You can actually get laid right now, because you’re famous.
You don’t have to destroy businesses with your vaginal agenda.
