International Women’s Day, which draws attention to women’s rights and gender equality worldwide, has been celebrated since 1911. In order to counteract any inequalities that women may face in the workforce, the German government enacted a number of important employment laws and amendments in recent years.
The Second Leadership Positions Act (FüPoG II)
Women are particularly underrepresented at the executive level of German companies. Of the 200 largest German companies, only slightly more than one in ten board members are women. Germany took an initial step toward equal participation of women and men in leadership positions in the public and private sectors with the introduction of the first Leadership Positions Act in 2015. While the number of women on supervisory boards has risen since the act was passed, the number of women on management boards has not seen a comparable increase. In an attempt to address this, the German Bundestag enacted a second Leadership Positions Act, which took effect on August 12, 2021. Key regulations under the second Leadership Positions Act include the following:
Minimum participation requirement
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