November 2, 2015
Women should sit on third of all FTSE boards by 2020, says Davies report 0
All FTSE 350 boards should have 33 percent female representation by 2020, a five year investigation of gender equality has concluded. The recommendations were made by Lord Davies in his final report on Women on Boards which began looking into the obstacles preventing many women from reaching senior positions back in February 2011. Earlier this year the UK’s FTSE 100 reached a milestone of 25 percent of board positions being filled by women – the target set by Lord Davies in 2011. Although there are more women on FTSE 350 boards than ever before, with representation of women more than doubling since 2011 – the latest report proposes a series of recommendations including the voluntary target of 33 percent representation of women on FSTE 350 boards, and the creation of an independent steering body to help create momentum to ensure a voluntary business-led approach is continued for a further five year period.
October 21, 2015
Far fewer working women than men receive an annual bonus 0
by Sara Bean • Comment, News, Workplace
Nearly three quarters of the UK’s working women don’t receive any form of annual bonus. Glassdoor’s latest UK Employment Confidence Survey found that only 29 percent of women at work receive a bonus, compared to 44 percent of men, which presumably is one reason why 44 percent of men remain positive about the outlook for their employer as opposed to just one in three women. The survey, which is carried out twice a year, also found that over the last six months, nearly half of all businesses in the UK that had made negative changes in the workplace (49 percent) had made employees redundant/and or communicated plans to implement further redundancies. The result is that nearly a third of employees (32 percent) are concerned that they will be made redundant over the next six months, up from 21 percent from the beginning of last year.
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