Women in Australia under-represented in workplace leadership
This was according to a report by Australia’s Workplace Gender Equality Agency (WGEA), which also showed that less than 50% of Australian women across every age range are working full-time.
With 90% of higher-paid management positions being reserved for the full-time workforce, women are less likely to escalate into management ranks, being twice as likely to be working in a casual or part-time capacity than men.
WGEA director Mary Wooldridge said, “Too many employers are missing a huge talent pool by not encouraging and enabling women to work additional hours or in the managerial ranks.
“With effective policies, workplaces can both enable women to work full-time if they chose to and make higher-paid managerial roles more accessible for those who work part-time.”
When it comes to the gender pay gap, the report reveals that the pay gap favours men in every age group, consistently growing from 2.5% for under 24-year-olds, to over 30% for employees aged 45-64.
Should the current trends continue, the World Economic Forum predicts that it will take 135.6 years to close the global gender pay gap.
The report WGEA revealed that women’s movement away from full-time work largely occurs from age 35 onwards, and should this trend continue, millennial women will earn just 70% of men’s earnings by age 45, according to Digital Nation.