Media and Communications Manager
Wage growth for Australian men has outpaced wage growth for Australian women over the past decade, a challenge for winding back the national gender pay gap.
Mean weekly earnings of full-time employees increased by 24.1% for males and 18.4% for females between 2001 and 2014, according to new data from this week’s Household, Income and Labour Dynamics in Australia (HILDA) survey.
For hourly earnings of part-time employees, the mean increased by 16% for males compared with 13.4% for females.
HILDA’s findings show that while women’s workforce participation has increased significantly, women still face challenges progressing through the workforce.
- Women’s ability to accrue years of work experience is hampered; men and women over 65 have 44.8 years and 27.7 years experience respectively.
- Men’s earnings increase much more rapidly over the first 20 years of their careers than women’s.
The survey also shows that women’s reduced earnings are reflected in their superannuation balances.
- The average super balance for men grew $40,500 in 2014 prices since 2002; but just $33,800 for women.
- In 2002 and 2014, men dominate the top 10% of the superannuation distribution, and also represent 55% of the middle superannuation group.
HILDA’s measure of equality for women’s and men’s wages deteriorated during the period.
Download the full Household, Income and Labour Dynamics in Australia Survey.