(11 years, 10 months ago)
Commons ChamberMy hon. Friend is right. That is the point at which, for many women, it becomes very difficult to participate in the workplace at the same level as before. However, there is a great deal that employers can do to help both mums and dads to play a stronger role in the workplace. The Government’s “think, act, report” initiative is encouraging companies to think about what they can do not only to recruit the best women, but to retain and promote those women and ensure that their talent is nurtured all the way to the boardroom.
Can the Minister confirm that since the publication of the Davies report the number of female executive directors has risen by only 1%? What do the Government intend to do about that?
The hon. Lady has rightly highlighted the issue raised by my hon. Friend the Member for Skipton and Ripon (Julian Smith). It is now easier for women to make faster progress towards becoming non-executive directors, but the executive route is also important. The Women’s Business Council is looking at all the different stages in women’s careers in considering what action can be taken, and we look forward to the publication of its report later this year. We are seeing progress in the right direction, but we must stay on top of the situation to ensure that it continues to improve.
(12 years, 2 months ago)
Commons ChamberThe Government’s approach is showing that encouraging businesses to take the issue seriously is paying dividends. Indeed, more than a third of new appointments to boards over the last 12 months have been women. There is certainly more to do, but that shows that the approach we are taking is the right one. In fact, we are doing well on this matter compared with many other countries. They have been looking at our approach in the Lord Davies review, often to see how they might be able to take on board some of the best practice that we have already developed, and our officials have been sharing that with officials in other countries.
The Minister is incorrect: this 1% rate of progress means that the girls are not yet born who will benefit from it. Will she look at the Australian model—both at what the Australian Prime Minister has said and at the federal Government target of 40% men, 40% women and 20% of either gender?
I thank the hon. Lady for her question, and I certainly think that many across the House would do well to look at what the Australian Prime Minister says and at her rather excellent recent speech on the issue of equality. I disagree that quotas are the right way to proceed, and I do not recognise the figure of 1% that she mentioned. The percentage of women on boards has increased to 17% from 12% since the election, and as I have said, a third of new appointments in the last year have been women.