Reported 14 days ago
A government report indicates that Australia's gender pay gap has decreased by 0.6 percentage points to 21.8%, with women earning an average of A$28,425 less than men annually. The report highlights that over half of employers have taken steps to address the pay disparity, driven largely by wage increases in sectors like aged care, where women constitute 80% of the workforce. Despite these improvements, female CEOs still earn A$158,632 less on average than their male counterparts. The Labor government plans to introduce legislation requiring large firms to set measurable gender equality targets.
Source: YAHOO