The Workplace Gender Equality Agency (WGEA) is encouraging women this International Women’s Day to take action to close the gender pay gap.
Agency data shows a 23% pay gap between women and men in average total remuneration, worth almost $27,000 a year and Australian women working full-time earn less than men on average in every industry.
- Consider different industries
Don’t limit your thinking about the best industry for you
- Mining: offers the highest pay for women at $139,000 (average total remuneration).
- Finance and Insurance Services: in 2016, 52% of overall promotions went to women.
- Engineering: 70% of organisations have a flexible working policy.
- Negotiate with knowledge
Know your value when negotiating your pay
- Find industry data to build your case.
- Identify your strengths, skills and achievements.
- Think beyond your base pay: men earn $10K more in extras on top of base pay, including bonuses and allowances.
- Check your super
Get on top of your retirement savings early
- Women retire with half of men’s superannuation on average.
- The pay gap leads to a 19% shortfall in superannuation contributions year on year.
- Consolidate your super and seek financial advice.
- Promote gender equality at work
More than 70% of employers have a gender equality strategy or policy
- Check if your employer has a gender equality strategy.
- Challenge gender bias, your own and others’.
- Share the care
For every hour of unpaid care work that men perform, women do 1 hour 48 mins
- Traditionally, workplace cultures have not encouraged or supported men to work flexibly.
- Ask about access to flexibility at your workplace.
- Support male and female colleagues to balance work and caring.