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New Statistics Show Gender Pay Gap and Inequality

November 22 2019

By Nicholas Hartman

New Statistics Show Gender Pay Gap and Inequality

Men are still out-earning women by an average of $25,679 a year, with the number of female CEOs and board members remaining static according to new data.

The Workplace Gender Equality Agency scorecard released on Tuesday revealed the number of females in top positions counted for 17.1 per cent, and female representation on boards to be at 26.8 per cent – fluctuating only 2 per cent within the past six years.

The annual report also showed barely any movement in the health pay gap, which is Australia’s most heavily female dominated industry, which declined 0.2pp but remained steadily in favour of the other sex.

Although there was an increase in employer action when it comes to pay equity, which saw a rise by 3.1 per cent, almost 40 per cent of those employers took no nation when it came to closing the gap.

The best result of the six-year dataset came from access to parental leave, which saw almost 50 per cent of employers now offered to paid carer’s leave for the primary carer as well as an increase in paid carer’s leave for the secondary carer.

In her final year in the role as director of the Workplace Gender Equality agency, Libby Lyons expressed her disappointment with the overall scorecard, and said that organisations were losing interest in equality.

“To me, the data is telling me employers either don’t believe that addressing gender equality will help their business, or they’ve just got a bit of fatigue about it – and anecdotally I’m hearing that.

“Employers are saying ‘we’ve got our policy in place and we’re doing okay. We’ve put resources into it but now we’re going to focus on something else’,” Ms Lyons said according to the Australian Financial Review.

The director also said that increasing the pay and number of women in workplaces would improve the national economy as well as business profits and that it was “a smart thing to do”.

The figures from the annual report are based off data provided to the agency by employers from the non-public sector who have over 100 employees, and also takes into account bonuses, superannuation as well as other allowances.