Original article by Helen Trinca
The Australian – Page: 1 & 2 : 27-Feb-24
Landmark data from the Workplace Gender Equality Agency shows that the national total median remuneration gender pay gap is 19 per cent across private sector businesses with more than 100 employees. The base salary gap is in turn 14.5 per cent. However, the gender pay gap is more than 50 per cent at 37 companies, while women are paid 40-50 per cent less than their male colleagues at 107 companies. The data shows that Macquarie Group, Telstra and Woodside Energy are among the large companies that have a significant gender pay gap. WGEA CEO Mary Wooldridge says employers ignore gender gaps at their peril, while Minister for Women Katy Gallagher says the gender pay gap costs the economy $51.8bn a year. The WGEA’s gender pay gap data in 2025 will include public sector employers.
CORPORATES
AUSTRALIA. WORKPLACE GENDER EQUALITY AGENCY, MACQUARIE ADVANCED INVESTMENT MANAGEMENT LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, WOODSIDE ENERGY GROUP LIMITED – ASX WDS