open search
Internationales Arbeitsrecht Neueste Beiträge

Improving the boardroom gender balance: new rules in the Netherlands

Print Friendly, PDF & Email
A new legal amendment approved by the Dutch Senate will enforce more balanced ratios of men and women in the top ranks of large companies and introduce reporting requirements on whether this is achieved.

The Dutch Senate has approved an amendment to the law enforcing a more balanced ratio of men and women in the top ranks of large companies. A bill introduced by caretaker Minister Dekker (Minister for Legal Protection) and Minister Van Engelshoven (Minister for Emancipation) was adopted with 49 votes in favour out of 75 seats.

The bill requires large public and private limited companies to publish ‘appropriate and ambitious targets’ for the ratio of men to women on boards of directors, supervisory boards, and in the highest echelons of management. These must be reported to the Social Economic Council (SER). If targets are not met, an explanation of the reasons for this must be provided.

Balanced composition also means that the supervisory board of a listed company should consist of at least one third men and one third women. This applies to new appointments and any new appointment in violation of this rule will be null and void. However, this does not affect the validity of the decision-making process.

The idea behind the two amendments is that equality of opportunity will be increased, and that diversity leads to better decisions and thus better company results. The law will be evaluated after five years to see if expectations have been met. It is expected that the change in the law will take effect on 1 January 2022 and will remain in force for a limited period of eight years.

This article was written by our colleagues from Bronsgeest Deur Advocaten, the Dutch Ius Laboris member.

116 beiträge

Ius Laboris

Ius Laboris is a leading international employment law practice combining the world’s leading employment, labour and pension firms. Our role lies in sharing insights and helping clients to navigate the world of labour and employment law successfully.
Verwandte Beiträge
Internationales Arbeitsrecht Neueste Beiträge United States

Executive Order combatting discrimination against the LGBTQ+ community: what do US-employers need to know?

Within hours of his inauguration on 20 January 2021, President Biden signed his Executive Order on Preventing and Combating Discrimination on the Basis of Gender Identity or Sexual Orientation. The Executive Order establishes the new administration’s policy prohibiting discrimination on the basis of gender identity and sexual orientation, and directs federal agencies to take affirmative steps to secure these rights.   The Executive Order commits to enforcing the…
Internationales Arbeitsrecht Netherlands

Netherlands: Recent sexual harassment case law in the wake of #MeToo

This article analyses how Dutch courts have dealt with dismissals for sexual harassment in the wake of the #MeToo movement and highlights some of the key points of employers to consider in dealing with a sexual harassment allegation. There has been a lot of public attention on unwanted sexual behaviour in the workplace after the emergence of the #MeToo movement in October 2017. Initially, the…
Internationales Arbeitsrecht Netherlands

Netherlands: Employers to be compensated for termination

New Dutch rules will entitle employers to be reimbursed for transition payment made on terminating the employment of employees with a long-term illness meaning they cannot work. In the Netherlands, employees are, in principle, entitled to the so-called statutory ‘transition payment’ if their employment agreement of two or more years is terminated or not prolonged at the initiative of the employer. In July 2018, the…
Abonnieren Sie den KLIEMT-Newsletter.
Jetzt anmelden und informiert bleiben.

Die Abmeldung ist jederzeit möglich.

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.