Three years after its entry into force, the Pacte law is producing its effects.
The text, which aims to make more
"responsible"
companies, has made it possible to almost double the representation of employees within the management of companies in barely six years, according to the latest IFA-Ethics & Boards barometer, published on Wednesday. In 2021, employees now represent 13.7% of the members of the boards of directors of the 120 largest companies listed in Paris (SBF 120), against only 7.1% in 2015. The Rebsamen law of 2013 already provided for the entry employees in the governing bodies of companies, but the Pacte law, promulgated under the government of Édouard Philippe, has reinforced this obligation: all companies whose board of directors exceeds eight members must now welcome a second employee representative to their table. And, in view of the results displayed,the crisis has not slowed down companies' compliance.
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