“If health and safety have budgets, then why doesn’t gender equality?” Libby Lyons, WGEA Director asked a packed room last week. Even though the most recent gender data statistics show a slight increase in employers taking positive action, Lyons urged the room that more can and must be done, and I agree with her. Here’s why:
Australia, it's time to pay attention! Here are three key statistics from the new WGEA data on gender equality in the workplace released today on pay equity, the gender pay gap and board representation.
Watch a video overview of the new WGEA data out today with Director Libby Lyons as she breaks down some of the key findings.
Today is Equal Pay Day. It falls on this day to mark the additional time from the end of the financial year it takes for a woman to earn the same as her male colleagues. That’s 65-days of full-time work and a pay gap of 23.1% for total pay of full-time employees and 17.7% for base pay of full-time employees.
For the average wages, a pay gap of 15.3% exists, which means that on average, men working full-time earned $1,638.30 and women earned $1,387.10, a difference of $251.20 per week. Between May 2016 and May 2017, women’s weekly earnings grew by 2.6%, while men’s weekly earnings grew by 1.5%.Sure, I know what you’re going to say, “but wage growth and productivity is at an all-time low so, it’s hard”. I say, that’s a load of hogwash.
Equal Pay Day falls tomorrow, 4th September. It marks the additional time from the end of the previous financial year it takes for a woman to earn the same as her male colleagues. This fantastic infographic from the Workplace Gender Equality Agency shows you why Equal Pay Day matters and how the national gender pay gap adds up over a woman's lifetime.