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29/07/2011
Women Urged To 'Break The Glass Ceiling'
The Home Secretary has today told UK companies “improve your organisation by helping more women to get into top jobs”.
In a joint letter to FTSE 350 companies, Theresa May and Business Secretary Vince Cable have set out a strong business case for increasing representation of women in senior positions to at least 25 per cent by 2015.
Recent figures show that companies with more women on their boards were found to out-perform their rivals with a 42 per cent higher return in sales, 66 per cent higher return on invested capital and 53 per cent higher return on equity.
Today's letter follows Lord Davies' review of women on boards, which suggests that companies should set themselves challenging targets to achieve 25 per cent female representation at board level.
The Home Secretary, and Minister for Women and Equalities, said: “Giving women the opportunity to achieve their full potential must be at the heart of our approach to economic growth. The business case for increasing the number of women on boards is clear.
“It's about improving performance and having a board that reflects and understands its customers. The government will continue to encourage companies to set their own targets to ensure talented women can access top jobs.”
This comes a week after the launch of a code of conduct for companies who help find and recruit individuals to fill senior positions.
The voluntary set of principles, recommended by Lord Davies, sets out how gender balance on the boards of top UK companies should be improved.
Lord Davies' published his review in February this year and, since March, 31 per cent of new board members were women.
In the same period, the number of all-male boards on the FTSE 100 has dropped to 14 (down from 21 in October 2010).
(BMcN/GK)
In a joint letter to FTSE 350 companies, Theresa May and Business Secretary Vince Cable have set out a strong business case for increasing representation of women in senior positions to at least 25 per cent by 2015.
Recent figures show that companies with more women on their boards were found to out-perform their rivals with a 42 per cent higher return in sales, 66 per cent higher return on invested capital and 53 per cent higher return on equity.
Today's letter follows Lord Davies' review of women on boards, which suggests that companies should set themselves challenging targets to achieve 25 per cent female representation at board level.
The Home Secretary, and Minister for Women and Equalities, said: “Giving women the opportunity to achieve their full potential must be at the heart of our approach to economic growth. The business case for increasing the number of women on boards is clear.
“It's about improving performance and having a board that reflects and understands its customers. The government will continue to encourage companies to set their own targets to ensure talented women can access top jobs.”
This comes a week after the launch of a code of conduct for companies who help find and recruit individuals to fill senior positions.
The voluntary set of principles, recommended by Lord Davies, sets out how gender balance on the boards of top UK companies should be improved.
Lord Davies' published his review in February this year and, since March, 31 per cent of new board members were women.
In the same period, the number of all-male boards on the FTSE 100 has dropped to 14 (down from 21 in October 2010).
(BMcN/GK)
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17 February 2004
UK sees 20% increase in multiple births over 10 years
Mothers are having 20% more multiple births than they were a decade ago, according to figures released today by the Office for National Statistics (ONS). Statistics have revealed that in 2002, the multiple birth rate was 15 per 1,000 women giving birth, compared with 12.5 in 1992.
UK sees 20% increase in multiple births over 10 years
Mothers are having 20% more multiple births than they were a decade ago, according to figures released today by the Office for National Statistics (ONS). Statistics have revealed that in 2002, the multiple birth rate was 15 per 1,000 women giving birth, compared with 12.5 in 1992.
24 February 2011
Women Remain Minority In FTSE 100, Says Report
UK listed companies in the FTSE 100 should be aiming for a minimum of 25% female board member representation by 2015, Lord Davies of Abersoch said today when launching his independent review into Women on Boards.
Women Remain Minority In FTSE 100, Says Report
UK listed companies in the FTSE 100 should be aiming for a minimum of 25% female board member representation by 2015, Lord Davies of Abersoch said today when launching his independent review into Women on Boards.
13 March 2012
Rise Of Women In UK Boardrooms
The percentage of women on the boards of UK’s largest companies has risen to 15.6%. The figure stood at 12.5% last March. FTSE 100 companies have been told by the government to have a minimum of 25% female directors by 2015 or they could face possible measures.
Rise Of Women In UK Boardrooms
The percentage of women on the boards of UK’s largest companies has risen to 15.6%. The figure stood at 12.5% last March. FTSE 100 companies have been told by the government to have a minimum of 25% female directors by 2015 or they could face possible measures.
06 August 2010
Top Women Executives To Be Boosted
Women are top get a boost at senior level with news of a business strategy to increase the number of women on the boards of listed companies in the UK. Business Minister Edward Davey and Lynne Featherstone, Minister for Equalities, have today announced that Lord Davies of Abersoch will develop the scheme.
Top Women Executives To Be Boosted
Women are top get a boost at senior level with news of a business strategy to increase the number of women on the boards of listed companies in the UK. Business Minister Edward Davey and Lynne Featherstone, Minister for Equalities, have today announced that Lord Davies of Abersoch will develop the scheme.
23 September 2010
Women in Creative Media 'Underpaid And Under-represented'
Women working in the creative media industries are under-represented, underpaid and more highly qualified than their male counterparts, according to a new report by Skillset.
Women in Creative Media 'Underpaid And Under-represented'
Women working in the creative media industries are under-represented, underpaid and more highly qualified than their male counterparts, according to a new report by Skillset.
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