Wednesday, May 20, 2015

Swedish Feminist Ministers Want Companies to be More Female or Suffer Consequences.

In the same spirit of the recent U.N. declaration that women need more privileges and special treatment than men, Sweden is on the verge of punishing firms that do not make their boards more female with at least 40% of women in the staff. They even threatened these firms with dissolution, which after he back pedaled from in Twitter. The Local reports:
"The warning comes off the back of a government plan to introduce a quota law to ensure companies have a greater representation of women on their boards.Gender Equality Minister, Asa Regnér, told Swedish newspaper Svenska Dagbladet earlier this year that she believed a gender balance bill could be introduced by 2017. 
But she did not mention what the sanctions would be for failing to comply with any new quota. 
On Friday, Justice and Migration Minister Morgan Johansson told Swedish Radio that there could be a number of punitive measures to ensure companies take the legislation seriously. 
'The company could be dissolved or fined heavily,” Johansson said. He suggested that any penalty payment could be related to the company’s size.
“The company could be dissolved or fined heavily,” Johansson said. He suggested that any penalty payment could be related to the company’s size. 
Johansson went on to say: "I think that every party that wants to call itself feminist must also be involved to tear away this glass ceiling [on female advancement in the workplace] - otherwise it will be just empty words."
           But he later retracted his comments that companies might be wound up.
"Hold your horses,' he wrote in English on Twitter. 
'Before you run the campaign too far I want to clarify that I am not currently proposing the dissolution of companies,' he said."
 However he wrote that a "substantial penalty" could be imposed on firms that failed to demonstrate greater gender balance.

This is his post in Twitter where he back pedals from the claim of dissolution, but still affirms that companies could face penalties.


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