The Workplace Gender Equality Agency has published fresh employer gender pay gaps for 7,800 employers and 1,700 corporate groups. The data – available on WGEA’s Data Explorer – is a glimpse into the workplace experience of over 5.3 million Australians.
The pay gaps released cover the 2023-24 financial year and for the first time, WGEA has included CEO pay in its calculations, which has allowed for the publication of average employer gender pay gaps.
The good news is many companies are making progress:
- 56% of employers improved their average gender pay gap in the last 12 months.
- The mid-point of median gender pay gaps dropped from 9.1% in favour of men to 8.9%.
- More than 1,100 employers (15%) are already in the target range of +/- 5% for both median and average gender pay gaps
But progress is still moving slowly:
- Almost 3 in 4 (72%) of employers have a gender pay gap in favour of men.
- 6% have a pay gap in favour of women.
- 50% of employers have an average gender pay gap larger than 12.1% in favour of men.
This is the second year the WGEA has published company gender pay gaps, responding to concerns that progress on gender equality had been stalling. Pay gap transparency tackles the problem of “asymmetric information” where employers know where each worker sits on the pay scale, but employees don’t.
In this interactive graphic developed by The Guardian you can see the pay gap for every employer listed in the Workplace Gender Equality Agency’s newly released data.