Ten years on from Norway's quota for women on corporate boards

Re:Ten years on from Norway's quota for women on corporate b... by ssijak on Tuesday February 20, 2018 @06:28AM (#16419539)

How do this quotas, with harsh penalties, work in practice in this example :

1. company have all male board members

2. company is great and successful and not one of the board members want to switch the job

3. deadline for quota is approaching

Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)?

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Re:Ten years on from Norway's quota for women on corporate b... by shaki-dora on Tuesday February 20, 2018 @06:38AM (#16419594)

> Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)?

There was a five-year period for the changeover, so under most circumstances, natural fluctuation would have eliminated all need for firing. Some companies could have also had the possibility to increase the board's size.

But yes, ultimately some firings may have been required. But note that a seat on the board isn't much like a typical job. Board members almost always have a real job, are retired, or sit on multiple boards.

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Re:Ten years on from Norway's quota for women on corporate b... by abusoufiyan on Tuesday February 20, 2018 @06:39AM (#16419600)

I don't know how boards work, but can't they just expand the number of seats on the board?

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