The Workplace Gender Equality Agency (WGEA) has released its annual gender equality scorecard for 2014-2015. Overall, the gender pay gap for total remuneration paid to men and women has only marginally decreased from 24.7% to 24.0%.
Some interesting statistics for industry include:
- The gender pay gap is still the highest (35%) in the financial and insurance industry;
- The electricity, gas, water and waste services industry had the biggest increase in the proportion of women in management;
- Manufacturing has a gender pay gap of 14.1% and has seen increases in part-time work and job-sharing arrangements;
- 25% of reporting organisations have no female key management personnel;
- There are fewer full-time jobs in male-dominated industries of mining and construction, reflecting broader cyclical economic change; and
- A growth in permanent part-time roles in female-dominated industries of health care and social assistance and retail trade.
Ai Group supports employers having the best talent pool for their workforce. Measures to increase the participation of women in the workforce, including at senior levels, are an important step in creating a competitive economy.
How does your industry perform? The WGEA website provides valuable resources for your business to benchmark itself against industry performance. Whether your business is required to report on gender quality or not, we encourage all employers to take a look.
Has your business conducted a gender pay gap analysis? Or have you implemented any initiatives to increase the participation of women, including in management positions? Share your thoughts and experiences below.