Women in leadership positions
In Austria, women are still underrepresented in leadership positions compared to their share of the population. Equal representation of women and men in management and decision-making positions in all areas of society - including politics, business, and science is thus the long-term goal.
An important step to achieve balanced and equal representation of women and men in economic leadership positions in the private sector was the Act on Equality between Women and Men in Supervisory Boards (GFMA-G). The law was adopted in June 2017 to raise the share of women in leadership positions. Since 1 January 2018, there must be at least 30 percent women and 30 percent men on the supervisory boards of publicly traded companies and companies with more than 1,000 employees. If the required quota of female members of the supervisory board is not reached, the respective appointment becomes invalid due to the infringement of the gender quota.
Furthermore, a quota system in order to raise the percentage of women among state-nominated members of the supervisory boards of (at least 50 percent) state-owned companies to 40 percent over the course of the current legislative period (until 2024) was introduced. The quota is a voluntary commitment by the federal government and is directly addressed to the supervisory board members nominated by the federal government. The commitment of the Austrian Government is based on the decision of the Ministerial Council of 15 March 2011 and of the Ministerial Council of 3 June 2020. The Austrian government committed to raise the percentage of women on supervisory boards of companies with at least 50 percent stake held by the federal government to 40 percent.
Despite progress over the past years, women remain underrepresented in political decision-making positions on all levels. Austria does not have a legislated electoral quota. Some political parties have voluntary quotas/self-commitments for party lists. However, in July 2019, the law on funding of parliamentary groups was amended and a “bonus” for a higher proportion of women was introduced. If the share of female members in a parliamentary group (Klub) in the national parliament (Nationalrat or Bundesrat) exceeds 40 percent, the funding for the parliamentary group is increased by 3 percent.