Women are still being paid almost $30,000 a year less than men and the gap widens with age

<https://theconversation.com/women-are-still-being-paid-almost-30-000-a-year-less-than-men-and-the-gap-widens-with-age-243941>

"Australia’s gender pay gap has been shrinking year by year, but is still over
20% among Australia’s private companies, a new national report card shows.

But that gender gap is even bigger at 25% among chief executive officers,
according to figures collected for the first time in 2023–24.

And the widest gap of all is among older workers, with women in their late 50s
typically earning $53,000 less each year than men the same age.

The release of the scorecard coincides with the federal government announcing
it will introduce legislation this week requiring employers to set gender
targets for boards, for narrowing the pay gap and for providing flexible work
hours.

These and other measures will apply to companies with 500 or more employees.
They build on legislative changes that enables the Workplace Gender Equality
Agency to publish the size of their gender pay gaps, which came into effect
this year."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics