Australia's Gender Pay Gap Exposed: Men Earn 22% More Than Women
New data reveals significant disparities in pay between male and female employees across various industries in Australia.
- The Workplace Gender Equality Agency (WGEA) released gender pay gap data for Australian companies with 100 or more employees, showing an average gap of 21.7%.
- Legislation passed in March 2023 requires Australian companies to disclose the pay of male and female employees, aiming to narrow the gap.
- Significant disparities exist across industries, with some companies reporting gender pay gaps above 50%.
- Efforts to address the gender pay gap include regulatory pressure and public transparency, but challenges remain in achieving equity.
- Experts emphasize the need for societal commitment and action from businesses, government, and the community to close the gender pay gap.