HRreview Header

Number of women on boards accelerates

-

The number of women gaining boardroom positions at Britain’s biggest firms is accelerating, with 44 per cent of new appointments going to women over the past three months.

Data from the Professional Boards Forum shows that 16.7 per cent of FTSE 100 board seats are now held by women, up from 12.5 per cent in 2010.

This makes it increasingly likely that a government-approved diversity of employment target of having 25 per cent female directors by 2015 will be met, said the organisation.

One in four FTSE 100 companies have already reached the target set out in Lord Davies’s review, while only eight all-male boards remain, down from 21 when the target was initially set last year.

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

“The figures contradict recent reports that chairmen only recruit mirror images of themselves,” commented Elin Hurvenes, founder of The Professional Boards Forum.

“It also puts to rest the argument that board-ready women don’t exist. UK chairmen are doing a good job.”

Drinks brand owner Diageo currently has the highest proportion of female board representatives at 44 per cent, followed by Burberry (38 per cent), Pearson (33 per cent), GlaxoSmithKline (31 per cent) and Marks and Spencer (31 per cent).

However, noticeably less progress has been made among FTSE 250 companies, where just 10.9 per cent of board members are female, up from 7.8 per cent this time last year.

Some 98 (39.2 per cent) of boards among FTSE 250 representatives are entirely male boards, down from 52.4 per cent in 2011.

However, the figures reveal that here too the tide has began to shift towards greater gender equality, with 40 per cent of FTSE 250 board appointments since March 1st going to women.

The Professional Boards Forum’s report follows a recent study by Deloitte, which found that more than three-quarters of companies are actively trying to increase the number of women at board level.

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

David Bowes: How to help your team take a guilt-free break this summer

Summer should be the season of rest and real recovery, not inbox anxiety and Teams meetings by the pool. Yet, for many employees, switching off over the summer remains a serious challenge.

Chris Welford: Not Happy Holidays!

Something recently started me thinking about the true meaning...
- Advertisement -

You might also likeRELATED
Recommended to you