Women’s Leadership a key factor as Roy Morgan aces the first Workplace Gender Equality Agency gender pay gap test

Original article by Roy Morgan
Market Research Update – Page: Online : 27-Feb-24

Roy Morgan has aced the Workplace Gender Equality Agency’s first ‘gender pay gap’ test with a ‘median total remuneration gender pay gap’ of 0.0% in 2022-23, compared to the industry comparison group average of 29.3% – an outperformance of 29.3% points in favour of Roy Morgan. The ‘median base salary gender pay gap’ is also at 0.0%, compared to an industry average of 27.3%. Even more impressively, Roy Morgan’s ‘gender pay gap’ has remained at 0.0% for a third consecutive year, both for median total remuneration and median base salary. Roy Morgan understands the immense value women bring to a company in leadership roles and strives to bring talented women into the company and on pathways to managerial and executive leadership roles. This policy is succeeding and in 2022-23 Roy Morgan has an even spread of managers by gender, with nine women and nine men filling these 18 managerial roles – a 50:50 split. Roy Morgan’s board also outperforms the industry comparison when it comes to representation of women. Women comprise a clear majority of 67% of Roy Morgan’s board – more than double the average of our industry peers at only 32%.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA. WORKPLACE GENDER EQUALITY AGENCY

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