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Showing 11 - 20 of 99 results for "Gender pay gap"

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... when it comes to breaking down barriers to having an equitable and inclusive industry. One small win is that the gender pay gap in financial services marginally narrowed from 23.6% to 22.2% in the last financial year, newly released figures from the ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... (WGEA) report shows. The 2024 financial year shows that financial services employers barely closed in on their gender pay gap, although the WGEA says that they are making an effort. Financial services - which the WGEA classifies as finance, insurance ...

Why more women aren't in financial services

ELIZA BAVIN  |  FRIDAY, 17 JAN 2025
... flexible working arrangements has a disproportionate effect on women's earning capacity and contributes to Australia's gender pay gap," WGEA chief executive Mary Wooldridge said. "Women are more likely to want or need to work part-time, and sometimes ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... income gap between men and women consistent with an increase in women's workforce participation and a declining gender pay gap," de Fontenay said. The gap between the average incomes of Aboriginal and Torres Strait Islander people and the Australian ...

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 ...

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 ...