REPORTED FOR RAISING WOMEN SEATS ON BOARDS BY CBI

There is a high voluntary target by the business leaders for promoting different seats that are known for women and they are said that they need a high number of women in the role for senior executives.

There is reported that the third part of different seats of different companies should be targeted by 33% till 2020 that helps to raise the aim of 25% by 2015.

There is expansion in the seats for the board that are limited to the FTSE 100 that will be taken up by the biggest companies.

Lord Mervyn Davies led the report by the diversity that was noted for the requirement to raise the women at the executive line and for the future members of the board.

There was no any specific target for the jobs and were also ineffective. The seats for women were even more as mentioned that proved that there was working off the voluntary approaches.

The report also mentioned that government can also help more in this issue by opening childcare for free; flexible working can be made for free and also different occupational schools.

Other trade groups also supported a voluntary advance. The Chartered Management Institute — which was concerned in the review — has argued that “just parachuting women into board roles” will not guide to sustainable alter. Lord Davies also said that he will definitely recommend to his successor who is also appointed and there target is also involved in it.

One time labor trade minister also mentioned about this who is also the former chair of Standard chartered bank, “Voluntary approaches work, but in some respects we are halfway through the journey,”

Also the CIPD, the expert body for HR managers, explained for the long time work “should not be anything but 50 per cent and visibility of female executive directors — those actively involved in the day-to-day decision-making and strategy creation” this was also important.

There is need for setting the government for the voluntary target for more than 20% women directors of executive in the FTSE 100 companies till the year 2020 that will help to increase the current level as well.

For the proportion of women, Britain is known to be the sixth country for the women on the board of company with Norway where the proportion of women is up to 35%. There are several quotas for several countries including United Kingdom and more for the representation of females.