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Australia's Gender Pay Gap Narrows to 11.2%

Published 5 days, 12 hours ago
Description

Australias gender pay gap narrows to 11.2%, with women earning 88.8 cents for every dollar men make. Most companies improved their gaps, and now anyone can check public data and plans to fix issues. Factors like part-time jobs, fewer bonuses, and family leave contribute, but industry segregation is significant. Construction has the widest gap at 23.8%, while care sectors need more men. Some standouts have massive gaps, like health clinics and laser hair removal services topping the list at over 60%. Banks hover around 17-21%, while super funds vary, with REST at 9.6% leading the pack. Two hundred forty-four employers skipped reporting, including Adidas and some McDonalds franchises. Officials stress diverse teams boost productivity, urging more balance across all fields.

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