Where Women's Advancement is and isn't Working: Women are increasingly represented on the boards of major Swiss financial companies than in other industries. These role models provide more of an incentive than a… womensadvancement femalequota
Promoting women's careers has been an ongoing effort in many Swiss companies in recent years. With a shortage of skilled workers and the increasing retirement of baby boomers, the economy is desperately looking for well-trained specialists, many of whom are women.
If the benchmarks aren't met, reasons must be given in the compensation report and remedies must be specified.Efforts to promote women are making slow but steady progress at major Swiss companies, according to the latest board of directors study published Tuesday by human resources consultant Russell Reynolds.
Despite the omission of Credit Suisse, financial sector companies have a particularly high proportion of women on the top supervisory board with 37.6 percent.