The Government approved this Tuesday in the Council of Ministers the law of equal representation between men and women, already known as the Parity Law, which establishes five measures to guarantee an increase in the number of women in relevant decision-making positions in the country, both both publicly and in private companies.
Specifically, the norm establishes that the electoral lists must be "zipper" -that is, with the same participation of men as women-; and that there must be parity in the Council of Ministers, in the boards of directors of large companies, in the governing boards of professional associations and in the juries of public recognition in charge of awarding prizes.
This parity, in practice, will not be interpreted literally, since it does not require that there be half men and half women in all these areas, but instead stipulates a maximum percentage of 60% for the genders. Thus, in the management of large companies with more than 250 employees and an annual turnover of 50 million, there may be a maximum of 60% men in management positions and at least 40% must be held by women.
The measure should be deployed gradually until these quotas are met exactly on June 30, 2026. In this way, the Government is ahead of applying this legislation that was included in a directive approved at the end of last year in the European Union that requires companies to have 40% of the "less represented sex", usually female, among their non-executive positions.
This maximum quota of 60% will also apply to the public sector: State secretaries, sub-secretaries, general directorates, autonomous bodies, agencies, public companies, foundations, presidencies, vice-presidencies, general directorates, and executive and similar directorates of each entity. For these areas, the Government will offer a maximum period of five years to achieve parity in these areas, that is, until 2028 -two more years of margin than for the private sector-.
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