The national gender pay gap remains stable at 14%. This year, Equal Pay Day is on 28 August 2020, marking the 59 additional days from the end of the previous financial year that women must work, on average, to earn the same amount as men earned that year.
Using the latest Average Weekly Earnings trend series data released by the Australian Bureau of Statistics, the Workplace Gender Equality Agency (WGEA) has calculated the national gender pay gap as 14% for full-time employees, a difference of $253.60 per week.
2020 Key Facts
- The national gender pay gap is 14%.
- On average, women working full-time earned $1,558.40 while men working full-time earned $1,812.00.
- Full-time average weekly earnings difference between women and men is $253.60.
2020 Theme: #KeepMindingTheGap
The national theme for Equal Pay Day 2020 is ‘Keep Minding the Gap’. During this global pandemic, it is important that employers continue to focus on gender equality in their organisations. The COVID 19 pandemic has had a disproportionate impact on women and could affect women's long-term economic security and rates of workforce participation.
Gender equality is also good for business. Our Gender Equity Insights Report 2020 provides definitive evidence that gender-balanced leadership in an organisation delivers better company performance, improved productivity and greater profitability. Organisations must #KeepMindingTheGap, not only because it is the right thing to do, but because it is their fiduciary responsibility and an important aspect of rebuilding the Australian economy.
The gender pay gap explained:
You can access more videos on our YouTube channel.