A new report shows that although progress has been made in recent years to reduce the gender pay gap in Australia, it will still take more than a quarter of a century to close it.
Gender equitable procurement and supply chain strategies involve organisational procurement of goods and services, which are designed to improve gender equality objectives in either the procuring organisation or the supplying organisation.
The Business Council of Australia, McKinsey & Company and the Workplace Gender Equality Agency teamed up to undertake a study using three years of WGEA data and more than 40 interviews. The result, Women in Leadership: Lessons from Australian companies leading the way, provides an evidence-based recipe for dismantling barriers to women’s participation at senior levels and a correlation between representation of women in senior roles and the practice of normalising flexible work.
New data collected from Australian employers on the status of women and men in the workplace will look at rates of promotion by gender as well as the impact of having children on workforce participation.
The latest WGEA data confirms that when Australian employers take action- the gender pay gap declines. Five years of WGEA data shows that year-on-year employer action to address pay equity has increased and year-on-year the gender pay gap has decreased.
Today, alongside the launch of WGEA’s fifth year of data, we have also launched a brand new way for you to explore WGEA’s archives of individual employers’ data. The WGEA Data Explorer has been updated and is now a one-stop shop for all public data collected by the Agency.
This toolkit helps organisations set and meet targets to increase gender diversity in the workplace.