×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Women represent just 20% of senior management and executives in SA. PwC made the finding in a recent survey of the pay data of 550 organisations‚ including 4‚000 senior managers and executives.In 2008‚ Norway made it obligatory for listed companies to reserve at least 40% of their director seats for women or face dissolution. "In the following five years‚ more than a dozen countries set similar quotas at 30% to 40%. In Belgium‚ France and Italy‚ too‚ firms that fail to comply can be fined‚ dissolved or banned from paying existing directors. Germany‚ Spain and the Netherlands prefer soft-law quotas with no sanctions‚" PwC director Rene Richter said.The survey also found that 61% of women were paid less than the median of the sample‚ compared to 39% of men. In contrast‚ 63% of males were remunerated above the median."It is clear that corporate SA still needs to focus on ensuring that female numbers are increased at these levels in addition to addressing gender pay inequalities."The ge...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.