Discussion Papers Elke Holst Women in Managerial Positions in Europe: Focus on Germany Berlin, March 2006 Opinions expressed in this paper are those of the author and do not necessarily reflect views of the Institute. IMPRESSUM © DIW Berlin, 2006 DIW Berlin German Institute for Economic Research Königin-Luise-Str. 5 14195 Berlin Tel. +49 (30) 897 89-0 Fax +49 (30) 897 89-200 www.diw.de ISSN print edition 1433-0210 ISSN electronic edition 1619-4535 All rights reserved. Reproduction and distribution in any form, also in parts, requires the express written permission of DIW Berlin. Discussion Papers 557 Elke Holst* Women in Managerial Positions in Europe Focus on Germany Berlin, March 2006 * DIW Berlin, SOEP,
[email protected] Abstract Prejudices and stereotypical beliefs about the role of women in society often limit their chan- ces of reaching top leadership positions. This paper presents a detailed analysis of the socio- economic structure and the gender pay gap in managerial positions in Germany building on a review from a cross-national perspective of women’s progress to high-ranking positions and of initiatives to overcome the “glass ceiling”. Suggestions are made for improving the situa- tion of women in order to permit more balanced gender participation in the economy, while also promoting national competitiveness and higher levels of wellbeing for the society. Keywords: Women in management, “glass ceiling”, socio-economic structure, horizontal and vertical segregation, gender pay gap, diversity awareness. Discussion Papers 557 Contents Contents 1 Introduction – basic conditions .......................................................................................... 1 2 International comparison: Women in managerial positions ........................................... 5 2.1 Board members .............................................................................................................