Despite signs of progress, men are still almost twice as likely to be in the highest-earning income bracket.
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Many employers are appointing more women to management and paying fairer salaries, but there is a long way to go before the pay gap is closed – especially if you’re a woman in her 50s.
Now at 11.5%, the gap in weekly full-time earnings has just seen its steepest annual fall in almost a decade. But national averages don’t tell the whole story.
Businesses with more than 500 employees will need to meet targets against at least three gender equality indicators.
For the first time, Australians will be able to look up the gender pay gap and the proportion of women employed at every major Australian company.
Most women are not working full-time during most of their working lives, which holds them back from management positions and accentuates the pay gap with men, according to data released on Monday.
“The statistics are wrong.” “Women are less ambitious.” “Women aren’t as qualified.” These are all justifications used to pay women less. And they are all wrong.
Many large organisations are now on their second or third wave of diversity and inclusion programs. A good number of them are still struggling to identify obvious improvements in the metrics they hoped…
