The Wall Street Journal is reporting that German telecommunications company, Deutsche Telekom set a 30% female management quota last week. The company is looking to fill 30% of its middle- to upper-management positions worldwide with women by 2015. This decision has spurred much debate on the topic. Of Germany’s largest 30 companies, currently only one has a woman on its management board.
France is in the process of mandating female quotas by law. It has proposed requiring a 40% quota of women on supervisory boards within six years, compared with its current level of 10.5%. Spain and the Netherlands currently have similar laws in place.
To read more from the Wall Street Journal, click here.