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8 March 2019: International Women’s Day – Only 1 manager out of 3 in the EU is a woman… … even less in senior management positions

Posted by Vento on 8th March 2019 in International News

Nearly 9.4 million persons hold a managerial position in the European Union (EU): 6.0 million men (64% of all managers) and 3.4 million women (36%).

In addition, women account for a little over one quarter of board members of publicly listed companies in the EU (27%), and for less than one fifth of senior executives (17%) in 2018. In other words, although representing approximately half of all employed persons in the EU, women continue to be under-represented amongst managers.

This information is published by Eurostat, the statistical office of the European Union,on the occasion of International Women’s Day. This News Release only shows a small part of the large amount of gender based data available at Eurostat.

Managers are mostly women only in Latvia

The largest share of women among managerial positions is recorded in Latvia (56%), the only Member State where women are a majority (56%) in this occupation. It is followed by Bulgaria and Estonia (both 49%), Poland and Slovenia (both 47%), Hungary (43%), Lithuania and Sweden (both 42%), Ireland (41%), and Slovakia (40%).

At the opposite end of the scale, women account for less than a third of managers in Luxembourg (15%), followed by Cyprus (23%), Czechia, Denmark, Italy and the Netherlands (all 29%), Germany (30%), as well as Greece and Austria (both 32%). At EU level, about a third (36%) of managers are women. This share remained stable since 2012.

Highest share of female board members in France

The largest share of female board members in the largest publicly listed companies is recorded in France (44%), followed by Italy and Sweden (both 36%), Finland (35%), and Germany (34%).

At the opposite end of the scale, women account for less than a fifth of board members in Estonia (8%), Greece (9%), Malta (10%), Cyprus, Lithuania and Romania (all 11%), Luxembourg (13%), Czechia (14%), Bulgaria and Hungary (15%), Croatia (17%), as well as in Ireland (19%).

At EU level, just over a quarter (27%) of board members are women. Over the last five years, this share has increased by 9 percentage points (18% in 2013).

Highest share of female senior executives in Lithuania

Among EU Member States, women account for over a quarter of senior executives in the largest publicly listed companies in Lithuania (28%), followed by Bulgaria and Latvia (both 27%), as well as in Romania (25%).

At the opposite end of the scale, the lowest share of female senior executives is recorded in Austria (5%), Czechia (6%), Italy (9%), Portugal (10%), Denmark (11%), Luxembourg, Hungary and Poland (all 13%), Belgium, Germany and Spain (all 14%), and in Cyprus (15%).

At EU level, less than a fifth (17%) of senior executives are women; up by 5 percentage points compared with five years ago (12% in 2013).

Geographical information

The European Union (EU) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

Methods and definitions

The Labour Force Survey (LFS) is a large sample survey among private households. LFS data refer to the resident population, aged 15 – 64 years old, and therefore LFS results relate to the persons resident in the country irrespective of the country where those persons work. This difference may be significant in countries with large cross-border flows. For further information, please consult the Eurostat EU-LFS publication. Annual results presented in this news release are calculated as the average of quarterly results.

Managerial positions are defined according to the International Standard Classification of Occupations (ISCO-08), which is managed by the International Labour Organisation (ILO). Managers plan, direct, coordinate and evaluate the overall activities of enterprises, governments and other organizations, or of organizational units within them, and formulate and review their policies, laws, rules and regulations. The source of data is LFS.

Board members cover all members of the highest decision-making body in each company (i.e. chairperson, non-executive directors, senior executives and employee representatives, where present). The highest decision-making body is usually termed the supervisory board (in case of a two-tier governance system) or the board of directors (in a unitary system).

Executives refer to senior executives in the two highest decision-making bodies of the largest (max. 50) nationally registered companies listed on the national stock exchange. The two highest decision-making bodies are usually referred to as the supervisory board and the management board (in case of a two-tier governance system) and the board of directors and executive/management committee (in a unitary system). The source of data on female executives is the European Institute for Gender Equality (EIGE). Data cover all persons occupying specified positions in the organisational units covered.

Publicly listed companies means that the shares of the company are traded on the stock exchange. The largest companies are taken to be the members (max. 50) of the primary blue-chip index, which is an index maintained by the stock exchange and covers the largest companies by market capitalisation and/or market trades. Only companies which are registered in the country concerned are counted. The source of data on female board members in the largest publicly owned companies is the European Institute for Gender Equality (EIGE). Data cover all persons occupying specified positions in the organisational units covered.

Issued by: Eurostat Press Office
Posted in International News | Tagged EU, European Union, Eurostat, managerial positions, women, women working

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