Gender Equity Insights 2018: Inside Australia’s Gender Pay Gap improves the evidence base on gender pay gaps and how they have changed over time.
This Workplace Gender Equality Agency (WGEA) report captures unique data on 4 million employees and more than 11,000 employers, in the 2016-17 reporting period. It builds on previous reports in the series, with updated gender pay gap calculations across occupations and industries.
The report confirms that many Australian organisations are taking significant steps to achieve pay equity. These positive results should motivate further action to improve pay equity across Australian workplaces.
In the four years of the WGEA reporting, employers with a formal remuneration policy or strategy increased from 48.9 per cent in 2013-14 to 58.5 per cent in 2016-17. The proportion of employers undertaking a pay gap analysis also increased from 24.0 per cent to 37.7 per cent in the same period.
The report highlights the strong relationship between pay gap audits within an organisation and taking action on audit findings combined with clear management accountability to company leadership and boards, as being a powerful approach to reducing company-wide gender pay gaps.