This year, Equal Pay Day will be on Friday 31 August, marking the 62 additional days from the end of the previous financial year that women must work to earn the same pay as men.
More organisations are implementing formal policies and/or strategies on remuneration with specific pay equity objectives.
Female representation on boards is static (24.9%) and few management teams are reporting pay equity metrics to the board.
More employers have a policy or strategy for flexible working (up 5.3pp to 68.3%) but only about a quarter offer manager training on flexibility.
Women are just 38.4% of all managers; but with 43.4% of manager appointments in 2016-17 going to women, gender balance in leadership is set to continue improving.
Highest gender pay gap by industry – Financial and Insurance Services 26.1% Highest gender pay gap by state and territory – Western Australia 22.5%.
Australia’s full time gender pay gap 15.3% (Women earn on average $253.70 per week less than men)
Big jump in employer action on gender equality. Men still earning $26k a year more than women. No improvement in women on company boards
-Workplace Gender Equality Agency
Top 4 priorites from 102 responses across 5 regions and 15 countries are:
1. Workplace Wellness
1. Compliance Business Results
2. Attract + Retain
4. Meet Customer Demands
Organisations are recognising that to experience the benefits of diversity, they need to cultivate not just a diverse workplace but importantly also an inclusive one.
-Diversity Council of Australia