Word: quotas
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Dates: during 2010-2019
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...bring home the bacon to headquarters, or their jobs are on the line. (Was Shapiro’s deciding vote against Goldman intended to make up for her sin of oversight with Madoff?) The SEC staff, like the traffic cop at the end of the month, must meet a quota for writing tickets—or, in effect, they must find some dirt on the companies they examine, whether it’s there...
...career, but there are downsides. Tutor duties take time away from research. So do the sophomore advising coordinator, teaching fellow, and exam grader positions he holds to earn a little more. This week, he received an e-mail from Kirkland saying he and Mariana have gone over their meal quota and will have to cut back. And for a while this semester, the students across the wall from Mariana’s room were having particularly loud...
...Deutsche Telekom's new policy is bound to send shockwaves through Germany's business community, which has thus far resisted calls for boardroom quotas. "We support the desire in society to have more women in leadership roles," says Werner Schnappauf, the head of Germany's Industry Federation, an umbrella organization of industrial companies and industry-related service providers. But he adds that instituting "rigid legal requirements, like a quota, are not a suitable method." The move is also likely to anger more than a few people at Deutsche Telekom, Wenders says. "Some male employees may worry that they'll have...
...Gender quotas are new to Germany but they've been implemented elsewhere. After a heated debate, Norway passed a controversial law in 2003 requiring that 40% of all board members of publicly listed companies had to be women. The measure paid off: company boards went from just 7% female in 2003 to 40% in January 2008. Spain, the Netherlands and France are now planning similar laws. Sweden doesn't have a quota system, but it has introduced other measures to help women combine work and family life, such as tax cuts for household and child-care services and incentives...
...Only time will tell if Deutsche Telekom's quota will inspire other companies to enact similar policies - or push the government to implement more family friendly laws to help women break through the glass ceiling. Until then, Germany does have at least one high-powered woman calling the shots - the one they call Chancellor...