Hamburg

Record number of female managers in SMEs as World Women's Day nears

6 March 2023
More and more women managing businesses across all sectors in Hamburg

A record number of SMEs in Germany are now headed by women, according to a KfW survey in the run-up to International Women's Day on March 8. Around 757,000 women are now in management positions - an increase of 150,000 over 2022. One in five SMEs was headed by a woman last year. And the proportion of women is also increasing in large companies, albeit not as strong as in the SME sector. In 2022, women accounted for a 16 per cent share of board members of Germany's 200 largest companies. Three of seven board members of the DAX-listed Beiersdorf are women namely Astrid Hermann, with responsibility for Finance, Nicola D. Lafrentz, Human Resources, and Grita Loebsack, who is responsible for the Nivea brand. Beiersdorf aims to achieve gender parity at all management levels by 2025. To this end, Vincent Warnery signed the LEAD Network's CEO Pledge for the Advancement of Women last April, and commented. "I believe that a balanced gender ratio at all levels strengthens our innovative power and makes us a more attractive employer for international, talented professionals."

Founders and science

"Gender balance" is also an issue among start-ups and in 2021, 42 per cent of all start-ups were founded by women compared to a mere 38 per cent in 2020, according to KfW Start-up Monitor. To boost this development, Hamburg established the Female Founders scheme in August featuring a free online course to help women found and scale up their companies. The Hamburg-based Traceless, set up by Dr Anne Lamp and Johanna Baare, is also scaling up. The two founders have come up with a sustainable, award-winning alternative to conventional plastics and scooped the German Founders' Prize 2022 in the Start Up category. The bio-economy start-up is a spin-off from the Hamburg Technical University (TU) where Professor Irina Smirnova is responsible for the strategic development of this particular field of research. In 2020, she became the first woman in TU's history to be elected Vice President of Research. Meanwhile, Professor Ute Lohrentz will take up office as the new president of HAW Hamburg university in May. This comes after the university's senate unanimously elected the former dean of the Faculty of Economics and Social Sciences last December.

 

Johanna Baare and Anne Lamp, founders of Traceless

Hospitality industry dominated by women

Madeleine Marx, Managing Director of the The Westin Hamburg, has been at the helm for four years. Opened in 2016, the 21-storey hotel in in the Elbphilharmonie building is part of the Marriott International Group, which had the world's highest hotel industry turnover prior to the pandemic. Tourism figures for 2022 show a rapid recovery in Hamburg's tourist industy. The hotel is expecting higher guest numbers this year as Hamburg prepares to host German Unity Day on October 3 with the main ceremony in the Elbphilharmonie. The hotel industry is dominated by women who accounted for a share of 61.8 per cent, according to the Dehoga Zahlenspiegel 2021.  

Madeleine Marx, Managing Director of "The Westin"

Women as cultural leaders 

However, women tend to be underrepresented in theatre, according to a 2021 survey of 4,000 employees and 11,500 artists in 650 performances in 22 European countries. By contrast, the Deutsches Schauspielhaus Hamburg has been managed by Karin Beier since the 2013-14 season. In 2017, the directing artistic director was honored with the Federal Cross of Merit 1st Class for her outstanding work there. Other concepts such as that behind the Opernloft at the Old Ferry Terminal in Altona are also enjoying growing popularity. Managed by Yvonne Bernbom, Inken Rahardt and Susann Oberacker, the trio hope to make opera more accessible to newcomers by staging 90-minute operas, an opera slam called the "Singer's War" or crime operas to lower inhibition thresholds. Once inside, guests can then enjoy fantastic views of the Elbe River and opera.

ys/sb/pb

Susann Oberacker, Yvonne Bernbom and Inken Rahardt, Managers of Opernloft

Sources and further information

Gender pay gap 

Gender pay gaps still prevail despite all the positive developments. Last year, men earned 18 per cent more than women, according to a survey by the Statistics Office North. Accordingly, men earn on average EUR 4.96 more per hour. Nationwide, the unadjusted gender pay gap averaged 18 per cent in 2022 mainly because women tend to work in lower-paid occupations and industries. On top of that, women are more frequently employed part-time work than men, according to Statistics Office North. 

Similar articles

Calling all female founders: Apply now for Darboven's "Ideas Prize"

Coffee roaster fostering women’s sustainable business ideas - deadline for applications on July 31

Hamburg's start-up scene becoming more feminine

Chamber of Commerce presents latest start-up barometer

Lack of compatibility between childcare and career still prevalent

Survey by 5050 by OMR and Appinio of 20 to 45-year-old women

Lack of time and money main causes of failed further education, Xing

Hamburg News presents results of "Xing Learning & Skills Study 2023"
The Consent Management Platform (https://app.usercentrics.eu/) we use could not be loaded. This can happen if AdBlockers incorrectly block this URL. Some features such as maps, proximity search or forms, cannot be used this way. To use these features, please deactivate your AdBlocker or allow access to *.usercentrics.eu.