Wednesday - June 06, 2012

Firms face compulsory quotas if they don’t put women in top jobs

A nice socialist solution?
Mr. Cable as you’d guess, is a left winger and this sort of thing is dear to his heart.
Can you imagine setting aside a prescribed number in a case like this to be able to check the pc boxes.
Well, the new head of state in France is working on it. His declared goal of a cabinet made up of 50% female has been reached. Not my concern and good for them. But I can’t help but wonder as others do, what sort of qualifications do they come to the job with? Or was the qualification, female?

Mr. Cable and a few friends are most concerned that there aren’t enough ladies on the boards of companies. Not demeaning women in any way but, how many are there who want to but can’t because evil men are keeping them out?  Not saying women haven’t been unfairly treated many times in the job market. But Cable and crew are assuming the companies are some sort of anti female conspiracy trying to keep women out. So, his solution is to arbitrarily fix a number to be grafted onto businesses with boards.
Affirmative action anyone? 

More then anything else however, this reminds me of a brainless lefty suggestion by a member of the previous govt. Some of you regulars might recall my post on the subject of, fishing.  Think it’s a joke? Think again.

A few years ago it was said that the famed fishing rivers of England were enjoyed by too many white middle aged men. So the brainless twits on the left thought it would be a good idea to make fishing and fishing lessons available.
To muslim women.  Who it was found, were not to be found enjoying England’s fishing streams and rivers or wherever it was fish go to relax.

I always thought it was my local Tesco, since that’s where my wife had always caught the fish she brought home.
Needless to say, the plan went nowhere. But that anyone thought it was something worthy of a govt. program says a lot about the loons.

Firms face compulsory quotas if they don’t put women in top jobs insists Vince Cable

By JAMES CHAPMAN
PUBLISHED: 22:07, 4 June 2012 | UPDATED: 22:07, 4 June 2012-06-06
Businesses could be hit with compulsory quotas to increase the number of women on boards unless they raise the number voluntarily said Vince Cable.
The Business Secretary said he was ready to introduce legal targets if firms had failed to ensure a quarter of executives at board level were female by 2015.
He also suggested that if he were prime minister, half of the Cabinet would be women.
Mr Cable said there were encouraging signs that firms were beginning to heed calls for gender equality – revealing figures suggesting that in the past three months, half of new appointments to FTSE company boards have been women.

He said he planned to ‘name and shame’ companies that fail to make further progress. One in ten of Britain’s biggest firms still has all-male boards.
‘It’s very, very important that women are there in numbers,’ Mr Cable said.

‘Our objective is to get a quarter of all board membership being women by 2015.
‘Our current approach, which is trying to change the culture, trying to name and shame, I think will work. If it doesn’t, we can look at things like quotas.
‘There is a body called the Financial Reporting Council that requires companies to declare publicly what they do.
‘So companies will be in the future publicly identified and there will then be a role for me to go out and say publicly, “This is a disgrace, you should change your behaviour”.’
Asked whether he woul0d introduce quotas if that approach failed to deliver the target figures, the Business Secretary said: ‘I would, yes. I think that’s a perfectly legitimate last resort. But I think the current approach that we have adopted is beginning to produce serious results, so let’s give it a chance.’

NOW HERE’S WHERE THINGS PICK UP AND GET REALLY INTERESTING. Mr Cable is not the lone voice on the subject. Oh no.
There is this super body of unwanted gas bags.

The EU has announced a consultation on how to increase women’s presence on corporate boards, warning that progress towards equality is too slow.
Mandatory quotas are being threatened if member states fail to make sufficient progress.

The EU’s Justice Commissioner, Viviane Reding, has warned that on current rates of change, it will take more than 40 years for women to hold 40 per cent of board positions in Europe’s publicly traded companies.
In Britain, companies are working towards a voluntary target to increase the percentage of women on FTSE 100 boards to 25 per cent, up from 12.5 per cent last year. But business leaders have warned against compulsory quotas.

On BBC Radio 4’s Woman’s Hour the Business Secretary also took a swipe at David Cameron’s failure to meet an aspiration that a third of his ministers should be women. There are five women – all Conservative – in the Cabinet.

In a reference to the new French president’s decision to make half of his top team female, Mr Cable said: ‘If I ever finish up in Mr Cameron’s job, and who knows what could happen, you might well get a Francois Hollande moment.’
Meanwhile, Tory MP Peter Bone demanded that Vince Cable be sacked from the Cabinet after it emerged that the Business Secretary was in contact with Labour to discuss a possible alliance following the next election.

SOURCE

Posted by peiper     on 06/06/2012 at 01:12 PM   
Filed Under: • Big Brother • Big Business • Democrats-Liberals-Moonbat Leftists • DIVERSITY BS • Nanny State •  
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