Yahoo Lifestyle New Report Reveals Australia’s Gender Gap Is Widest At The Top
Photo: Getty Images
Women receive less discretionary pay – like bonuses and perks – than men, according to a new survey. And we're much less likely to reach top-level management too.
Today, the WGEA has released its inaugural report about gender inequality – using data collected from four million employees around Australia. The results? Predictably bleak, particularly for women at the top levels of management.
Just 25 per cent of top-level managers are women. And businesses seem disinclined to improve the status quo with fewer than one in 10 companies setting a target to lift the number of women on their board.
Even more worrying? Women receive less discretionary pay than men. The gender pay gap widens from 19.9 per cent to 24.7 per cent when things like bonuses are taken into consideration.
What does this all mean? Australia has a long way to go when it comes to its gender gap. But this data is the first step towards closing it, and companies can use the WGEA’s innovative data explorer tool to track their performance against Australian objectives. All reports will also be released to the public today too, meaning that you can now see how your employer fares when it comes to workplace gender inequality. Click here to find out.
RELATED
Is There A Gender Pay Gap In Your Company?
