The Parliament adopted definitively Thursday, by a final vote of the Senate, a bill LREM for a "real economic and professional equality" between women and men, which establishes quotas of women in the management positions of large companies.
The text was voted on for the last time by the upper house unanimously, with the Communist majority CRCE group abstaining.
Quotas for women will therefore be introduced among senior executives and management bodies of companies with more than 1,000 employees, with a proportion of at least 30% of women by 2027, and 40% by 2030. A Beginning in 2030, companies will have two more years to become compliant.
Otherwise, a financial penalty is provided, capped at 1% of the company's payroll.
Each company will be required to publish the representation differences
In a logic of "name and shame" (name and blame), these companies will also have to publish each year on the site of the Ministry of Labor the gender gaps.
This obligation will apply two years after the publication of the law.
Ten years after the adoption of the Copé-Zimmermann law, which imposed 40% of women on boards of directors, this text starts from the observation that there has been no “trickle down” of feminization to the committees. executive and management.
It therefore extends the logic of quotas to positions of responsibility.
parity
The Copé-Zimmermann law in fact enabled women to occupy 43.6% of the board members' seats in 2019 in the 120 largest listed companies, against only a little over 26% in 2013. But the committees Executives and management committees of these companies in 2019 were only 19% women, according to the High Council for equality between women and men.
"The glass ceiling between the governing bodies of companies and the boards of directors has remained perfectly hermetic and wage inequalities remain persistent", noted the Minister responsible for equality, Elisabeth Moreno, before the Assembly.