Daily News

View All News

Australia – Gender pay gap narrows in 2018, but men earn 21.3% more than female colleagues (The Guardian)

15 November 2018

Australian men still earn more than their female colleagues in all industries, but the gender pay gap is narrowing at a very slow pace, The Guardian reports, citing research from the Workplace Gender Equality agency. On average, a man can expect to take home 21.3% more in total salary than a woman, this is down 1.1% from last year, but equates to a difference of about AUD 25,700 a year (USD 18,679). When looking at a full-time base salary difference, across all industries and occupations, women can expect to earn 16.2% less than a man, or AUD 15,457 (USD 11,232) less, a year. The research also found a 1.4% increase in the number of women CEOs in the last five years, moving from 15.7% in 2013-14 to 17.1% in 2017-18. The research also found that there were increases in the number of employers who analysed their salary data for pay gaps and embraced strategies to improve gender equality in certain areas.