The second instalment in our EXpresso Moments webinar series is on the gender pay gap. Our speakers discuss the status of the gender pay gap in Australia and some reasons it exists. They discuss insights from the WGEA Gender Equality Scorecard 2022-2023, why it is important for employers to address this issue, and actions that can be taken to do so.
Our audience of HR and business leaders also shared where they are at in their own journey to address the gender pay gap.
Complete the form on the right for complimentary access to the full 30-minute discussion.
Key highlights
- The gender pay gap in Australia was 21.7% in 2023, meaning for every dollar a man earns, a woman earns only 78c.
- Gender discrimination is a major factor – contributing to over one-third (36%) of the total gender pay gap in Australia.
- Unequal distribution of women and men across industries and occupations, and a lack of workplace flexibility for family needs are also top influences.
- Employers have made progress to reduce the gender pay gap, with a downward trend last year of 1.1%, but there is more work to be done.
- Addressing the gender pay gap improves employee experience, leading to superior business performance.
- It is important to examine all phases of the employee lifecycle to identify disparities, assess policies and processes, and map out a plan.
