Gender Equity in the Workplace

The Workplace Gender Equality Agency, in conjunction with the Bankwest Curtin Economic Centre, has today released its latest report on gender equity in the workplace.

While there are clear indications that women are gaining ground, there is still a way to go. Here are some of the key points from the report:

  • The highest-paid 10% of women in key management roles make $160k less annually than the highest-paid men ($599k cf $436k), equivalent to 27.1%.
  • The lowest paid 10% of women in management roles make $14k less than the lowest paid men in similar positions ($72k cf $58k), equivalent to 19.5%.
  • At current rates, the projected timeframe for women to reach equal representation in executive level positions is 2047.

Improving these statistics requires employer-led action and accountability by boards and employers. For the individual women affected, few skills will have as much impact as learning how to negotiate.

If you need help with this, get in touch to find out more about my 13 week one-on-one coaching course, Sustainable Negotiation … How women can negotiate more out of work and life without burning bridges.