Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 106 results for "pay gap"

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 ...

Gender diversity in investment management slightly improving: Report

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... ordinary full-time earnings across the financial and insurance services workforce in the year to May 2022. While the gender pay gap is not a measure of pay equity, the report said that pay inequality can be one of the factors contributing to the gap's ...

National gender pay gap stuck at 22.8%: Data

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... however, 72% of boards are still comprised significantly of men. Agency director Mary Wooldridge said the stagnant gender pay gap must be a signal to employers to pick up the pace by implementing policies and practices that evidence shows contribute ...

Plans afoot to narrow gender pay gap

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
The government has announced a suite of measures aimed at narrowing the gender pay gap, including requiring the Fair Work Commission to consider gender equity when formulating minimum wages. According to Budget documents, this year marks the first that ...

KPMG proposes tax offset, reform to boost gender equality

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
... calculations show that women do just over half of all the work performed in Australia. Nevertheless, women face a gender pay gap, a gender income gap, and a gender super gap. "Expecting women to do more of the unpaid work than men is a social norm inherited ...