Is Austria a shining example?
Austria introduced a statutory quota for the proportion of women in key positions on 1 January 2018 – for supervisory boards, it is 30%. But according to a study published by EY, Austria’s supervisory boards only reported an increase in female members from 18.8% in 2018 to 23.3% last year. So there’s still room for improvement. According to Eurostat, the pay gap in Austria was 19.6% in 2018 – significantly above the EU average of 14.8%. In Austria, just nine out of 196 CEOs of listed companies are female. And there is still a long way to go before the nation’s women receive equal pay for equal work.