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Showing 1 - 10 of 90 results for "pay gap"

Poor gender diversity not a 'women's problem': Panel

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
... investment team is 44% female, while the entire organisation boasts a 50% gender balance. Moreover, VFMC decreased its gender pay gap from 26% to 16% in a short space of time. This was made possible by its leaders making a concerted effort to be deliberate ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows. After analysing tax data, economic research organisation E61 Institute compared men and women of similar ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... to women's success in the sector that were identified in 2018 are still in place. This includes the average gender pay gap, which has stagnated, moving just 0.3 percentage points from 23% in 2021-22 to 22.7% in 2022-23. In all other industries, it's ...

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
... balances often take a hit when they have children," WA industrial relations minister Simone McGurk said. "The retirement pay gap for women has been too wide for too long. This is a practical way to narrow the gap, and I'd urge other employers to ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... pointed to the latest Workplace Gender Equality Agency (WGEA) data, which shows that the median total remuneration gender pay gap stands at 19% - or $18,461 per annum tilted in favour of men. The statistics confirm that progress is being made for women ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... review comes in the wake of the Workplace Gender Equality Agency (WGEA) reporting Platinum had a median base salary gender pay gap of 41.9% and median total remuneration gap of 41%. Its upper pay quartile is just 14% female. The fund manager will also ...

TelstraSuper sweetens parental leave policy

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... and retention benefits. "The reason for the gap is a complex mixture of systemic and workplace issues such as the gender pay gap, unpaid caring work, part-time work, and even financial literacy. The difference in super balances starts out small and widens ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
The median gender pay gap on base salaries across financial services is 23.6%, according to the Workplace Gender Equality Agency (WGEA), with individual employer pay gaps reported for the first time as part of the government's strategy to solve ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
From tomorrow, Australian companies with 100 or more staff must publish the median pay gap between their male and female employees. While it sounds simple enough, some experts believe corporates are not prepared for what's to come. The Workplace ...

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023
Improving reporting on gender pay gap and gender diversity will help investors assess where companies are addressing gender-based equality and inclusion and set the stage for engagement on diversity measures beyond gender, according to First Sentier ...
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