Hourly earnings were highest for managers in 2023, according to the Australian Bureau of Statistics (ABS).  Men continued to earn more per hour than women in all eight major occupation groups. There is a 19% gender gap in hourly earnings in managerial positions, dropping to 7% for those working in sales.

Managers had the highest average hourly earnings ($67.20) followed by Professionals ($60.60). Sales workers and Labourers had the lowest of all occupations ($30.90 and $32.20) compared to an overall hourly average of $44.00. 

Men were more likely to have their pay set by an individual arrangement (45%), while a collective agreement was the most common method for women (38%).

In addition to important earnings insights, the ABS data provides key insights into the gender pay gap in Australia and how it is changing over time. Bjorn Jarvis, ABS head of labour statistics, said: “Analysing the difference between male and female earnings is complex and there is no single measure that can provide a complete picture”. He explained that hourly earnings comparisons are useful for understanding gender pay differences beyond weekly earnings measures, given women are more likely to work part-time than men. On average, hourly earnings were $46 for men, compared to $42 for women, a difference of 8.9% in May 2023 compared to 9.7% in May 2021.

Following the Resolutions passed at National Conference, BPW Australia has developed a Policy Statement on Housing and Homelessness. These issues also link back to previous resolutions aimed at supporting women in vulnerable situations.

The Statement can be found here: BPWA Policy Statement on Housing Stress.

https://www.newsmaker.com.au/news/389218/housing-stress-a-burden-disproportionately-borne-by-women

A printable version can be downloaded here: Media Release

The annual Gender Balance on Australian Government Boards Annual Report is prepared by the national Office for Women, and outlines performance against the Australian Government’s gender balance targets of 50% of Australian Government board positions overall and 40% of board positions at the individual board level.

At 30 June 2023, women held 51.6% of Australian Government board positions, the highest rate on record, exceeding the target. Also 52.% of new appointments to Australian Government boards in 2022-2023 were women.

The 2022-2023 Report is the first one to report on the representation of women at the individual board level. The data collected throughout the 2022-2023 financial year showed that 78.7% of boards have women represented in at least 40% of positions, which was the target prior to 2016.

The SMH reports  about one in four Australians are part-timers, but only 7% of them are in management positions, according to the Workplace Gender Equality Agency. Chief executive Mary Wooldridge said hundreds of thousands of part-time employees faced a sudden decline in the availability of senior positions that could advance or sustain their careers.  This 'promotion cliff' mostly affected women, with the survey showing 30% of women worked part-time, compared with 11% of men. Mary Wooldridge said a lack of flexible work arrangements hindered women’s earning capacity and contributed to Australia’s pay gap.

Non-executive director Rob Prugue wrote on LinkedIn that as a former employer, he used to hire parents as managers. "While the minimum we required was a three-day work week, these parents often worked more than this as their desire to prove to all employers that it was possible outweighed the professional demands the work placed on them," he said. "It was then that the obvious became so visible; the challenge isn’t getting the work done in a limited time, but in employers believing it cannot be done."

Chief financial officer Karyn Ferguson, who has worked part time for over 10 years, said it was still possible to achieve your goals while working part-time.  "It takes perseverance, resilience and lots of family support. Most of all, you need the support of amazing managers and leaders in your company that provide you with opportunities to progress and believe in you.”

The Productivity Commission has called for simpler childcare subsidies, changes to the activity test and increased access to early childhood education for children from all backgrounds. Their latest report recommends altering the childcare subsidy to allow all families to access up to three days of subsidised care a week, regardless of how many hours they work; and for families with an annual income of $80,000 or less to become eligible for a 100% subsidy, up from the current 90%.

The Commission called on government to monitor variations in fees and investigate costs and profits across the sector every three years.  Australian families pay up to twice OECD average childcare fees.

They also recommended measures to expand the workforce and a national early childhood education and care commission. To address the childcare worker shortage, they recommended removing barriers to educators improving their skills, giving incentives to universities who trial new approaches to teacher education and better mentoring.

The report is out for consultation [deadline 14 February 2024] with a final report to the government due in June 2024.

The Resolutions Report from the 2023 National Conference is accessible on the member resources page of the BPW Australia website under Club Documents. All of the resolutions were passed at Conference, but several were amended first.

Club Conference delegates are encouraged to report back to their clubs on the resolutions and review those that are highlighted for local implementation.  The BPW Australia Board will discuss the implementation and advise clubs through their State Representatives how they can contribute to our advocacy.

Joining a board is a significant commitment, and asking the right questions can provide valuable insights into the responsibilities, culture, and expectations associated with the role. Women on Boards has set out 10 questions to consider asking before joining a board.

Some are questions about the organisation or business, the Board itself, or the environment in  which it operates. The final key question is about you and requires some introspective reflection.

BPW Australia (the Australian Federation of Business and Professional Women), a leading women's advocacy organisation in Australia, warmly welcomes the groundbreaking Australian Government report outlining a visionary 10-year plan to unlock the full potential and contributions of women in the Australian economy. This landmark report, prepared by an advisory group of independent women across the nation, spotlights the barriers women encounter within the Australian economy and offers practical advice for the government to address these critical challenges.

The report's findings emphasise the staggering potential of tapping into the talents and abilities of women, with an estimated AUD $128 billion in economic value at stake. This immense value can be harnessed by dismantling the existing obstacles that hinder women's progress in areas like leadership, participation, pay disparities, and wealth equality. This revelation underscores the pressing need for systemic change and comprehensive reforms to ensure that women can fully participate in and contribute to the workforce, thereby accelerating the nation's economic growth.

Jacqueline Graham, BPW Australia President, applauds the Australian Government's commitment to tackle these pressing issues and take proactive measures to advance gender equality in the workforce. This initiative is a significant milestone in recognising the invaluable contributions women make to our economy and society.

Jacqueline affirmed, "We are thrilled to witness the Australian Government's determination to realise gender equality in the workplace. This report and its recommendations illuminate the extraordinary untapped potential of women in our nation. By dismantling the existing barriers, we can unlock AUD $128 billion in economic value, creating a win-win situation for both women and the Australian economy. This is not just a stride towards economic growth but also a testament to our dedication to gender equality and social justice."

BPW Australia has been working to increase women’s economic participation for more than 75 years. We believe that engaging women as full economic participants, and valuing the output of women’s work, we set the scene for a fully activated workforce building for the future. We wholeheartedly support the government's efforts in implementing the recommendations laid out in the 10-year plan and will actively collaborate with policymakers, stakeholders, and the broader community to ensure these changes come to fruition.

We call upon all Australians to join us in celebrating this remarkable plan and in holding our government accountable for its successful execution. Together, we can forge a more inclusive and prosperous Australia, where women have equal opportunities to flourish in the workforce and to contribute their full potential to our nation's economic growth.

To find out more, go to www.pmc.gov.au/resources/10-year-plan/recommendations

UN Women has announced the theme of International Women’s Day 2024: Count Her In: Accelerating gender equality through economic empowerment as a means to realising women’s rights and gender equality globally.

Sam Mostyn AO, Chair of the Women’s Economic Equality Taskforce and Besa Deda, Chief Economist of Westpac’s Business Bank joined Simone Clarke, CEO of UN Women Australia for the announcement of the International Women's Day 2024 theme this week.  CEO of UN Women Australia Simone Clarke said that it was important for women to be empowered to earn and manage their income and be afforded equal access to finance.  Simone stressed the importance of ensuring all women have equal access, capacity and capability to fully participate in the economy. This requires shifting behaviours and perceptions that inhibit economic participation and limit investment in women.  Increasing women’s economic empowerment means economies grow, children and families prosper, and women have resources available to leave abusive situations.

In searching online for IWD2024 you may come across another theme: #InspireInclusion.  This not the official United Nations theme and it isn’t clear who is behind this International Women's Day website

Super fund HESTA has warned the largest listed companies it intends to vote against male directors of boards with low female representation.  If you own shares, this is something you can do too. 

Women on Boards has announced HESTA has issued a blunt warning to the ASX 300 companies it invests in and says it is going to use voting rights in a push for gender diversity and climate action.

HESTA, which manages $76 billion largely for health and community services employees has written to the board Chair and CEOs of ASX 300 companies outlining its key priority expectations which also include decent work, and natural capital and biodiversity loss.

For the upcoming voting season, HESTA has announced it will vote against select director re/elections at ASX300 companies where the board has less than 30% female representations and against board Chairs of companies employing single gender executive leadership teams.