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Showing 11 - 20 of 90 results for "pay gap"

Gender pay gap trends down: WGEA

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
The gender pay gap has hit a new low of 21.7%, largely driven by women working in senior management positions - except chief executive roles. According to the Workplace Gender Equality Agency's (WGEA) latest scorecard, which assessed 4.82 million ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... more likely to retire early or less likely to apply for a promotion. "The finance industry has a stubbornly high gender pay gap of 28% and providing workers with menopause and menstrual leave may be one of the missing links to drive down the gender pay ...

UK government investigates sexism in financial services

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2023
The UK government is exploring sexism in the financial services sector, investigating the barriers still faced by women and whether careers should be marketed differently. In doing so, it's calling for international case studies for comparison. The ...

Ignition Advice appoints Sally Loane as chair

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... financially independent, particularly women, who retire with less superannuation than men, and who are still subject to a gender pay gap," she said. Loane highlighted simplified regulation and innovation through digital tools while maintaining important ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... super. Unpaid super can reduce some women's retirement savings by up to 10%, further exacerbating the existing gender pay gap whereby women typically retire with about 25% less super than men. ISA chief executive Bernie Dean said: "This is a big ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
Businesses with 100 employees and over will need to report their gender pay gap from next year, following the passing of an equality bill in federal parliament. The government yesterday passed its Gender Pay Gap Bill which will enable half a million ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... workweek wave has hit Australian shores and its many advocates believe it can play a major role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee to trial ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... taken concrete steps towards creating a more equitable society, implementing initiatives aimed at addressing the gender pay gap, enhancing access to paid parental leave and childcare, and affordable housing. The introduction of the Workplace Gender Equality ...

Gender balance is smart economics: CEW

MICHELLE BALTAZAR  |  TUESDAY, 7 MAR 2023
The financial services and insurance industry ranks among the worst offenders on gender pay gap in the country and it's hurting the economy. The Workplace Gender Equality Agency (WGEA) found that women who work in financial services and insurance ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
New legislation to close the gender pay gap has been introduced, requiring employers to publish pay gap data for increased transparency. The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 requires employers with 100 or more ...