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Thursday, March 23, 2023

Gender equality: German economy still firmly in male hands

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The so-called glass ceiling still exists: women rarely achieve top positions. The best place for women executives to advance is in the veterinary field.

According to the credit agency Schufa, it is still easier for women in Germany to become their own boss than to achieve a top position in a company. According to Schufa data, around 30.8 percent of all tradespeople and freelancers are women.

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In contrast, only around 20 percent of the partnerships and corporations surveyed have at least one female manager on the management floor (as of February 2023). “At the current rate, we would have to wait until 2070, until half of all German companies have a woman in the first management level,” said Schufa boss Tanja Birkholz.

Schufa evaluated 4.5 million companies from its database, 1.7 million of which were partnerships and corporations and 2.8 million sole proprietorships, such as tradespeople and freelancers. Overall, 26.9 percent of the 4.5 million companies have at least one woman on the executive board, on the board or as the owner (2022: 26.4 percent).

According to the information, women managers make the best progress in the veterinary sector. There, the proportion of companies with at least one female manager on the top floor is 66.1 percent, followed by clothing manufacturing (around 62.7 percent), social services (59.8 percent) and healthcare (57.8 percent). . The proportion of companies with at least one woman on the top floor is lowest in parts of the construction sector (around 6.5 percent).

The Schufa itself wants to increase the proportion of women in management positions in the coming years. By 2027, a proportion of women of at least 30 percent should also be achieved in the second and third management levels, Birkholz announced on the occasion of World Women’s Day this Wednesday (March 8).

Source: Stern

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