Board gender diversity HR code unveiled

Last updated 08:30 29/11/2012

Relevant offers

National business

Firm apologises for telling job applicant 'we don't hire women' Parents fronting kids' insurance risk losing it all Sex barons launch no-win, no-fee litigation business Face Value: Asteron Life's managing director Nadine Tereora Wheeler dealer winners Commercial property news roundup Noticing notable women Martin Hawes: Debt in retirement CTU's Helen Kelly wants legal cannabis for cancer pain Lewd photos taken at Queensland's Public Library ruled 'workplace' complaint

Diversity advocate group 25 Percent Group has launched a voluntary HR code of practice aimed at lifting female representation on boards and at senior executive level.

25 Percent Group convenor, and chief executive of Goldman Sachs New Zealand, Andrew Barclay said the code "challenges organisations to look more broadly when making board recruitment decisions".

"It does not make economic or commercial sense for us to continue to overlook the talents and experience of our total workforce when establishing boards or replacing board members.

A 2011 Goldman Sachs economic research report estimated that closing the gap between male and female employment rates would boost New Zealand's GDP by 10 per cent. It identified the lack of women in leadership, and on boards in particular, as an area requiring urgent attention.

Figures from the Ministry of Women's Affairs show women make up 14.75 per cent of directorships of the country's top 100 listed companies, up from 9.3 per cent in 2010.

The HR firms that have signed up are: Heidrick & Struggles, Hobson Leavy, John Peebles & Associates, Kerridge & Partners, Propero Consulting Limited and Sheffield.

Ad Feedback



Special offers

Featured Promotions

Sponsored Content