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Australian gender pay gap report exposes top companies, HR News, ETHRWorld


hr.economictimes.indiatimes.com | www.ETHRWorld.com

<p>The report exposes the yawning gulf between what men and women earn at some of Australia's biggest employers despite years of commentary from governments and corporations about closing the gender pay gap</p>
The report exposes the yawning gulf between what men and women earn at some of Australia’s biggest employers despite years of commentary from governments and corporations about closing the gender pay gap

By Renju Jose and Praveen Menon

SYDNEY: The gender pay gap at some of Australia’s top corporations including Commonwealth Bank , national carrier Qantas and oil and gas explorer Woodside is bigger than the national average of 19%, new data showed on Tuesday.

The government released for the first time data on gender pay gaps at firms with more than 100 employees, following legislation passed in March 2023 that forced them to reveal the pay of male and female employees.

The report exposes the yawning gulf between what men and women earn at some of Australia’s biggest employers despite years of commentary from governments and corporations about closing the gender pay gap.

The median total remuneration gap for 2022/23 was 19% in favour of men, while the difference in median base pay was 14.5% and in average total pay it was 21.7%, the Workplace Gender Equality Agency (WGEA) said.

Only one-third of companies had a median gender pay gap between the target range of -5% and +5%.

“There is a substantial problem in this country when you’ve got essentially two thirds of businesses with a gender pay gap in favour of men,” Minister for Women Katy Gallagher told reporters.

“It’s not about shaming, it’s not about naming, it’s not about…


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