💵Today is International Equal Pay Day 💵 Did you know the gender pay gap in Australia is 11.5%, meaning on average a woman will earn 12% less than a man in a full time role (Workplace Gender Equality Agency | https://lnkd.in/ggScBywc) Closing the pay gap would significantly boost global economies and improve the quality of life for millions. Here's how: Economic Growth | In a report by McKinsey & Company when women have equal access to high-paying jobs and are compensated fairly, their purchasing power increases, leading to greater economic activity. Reduced Poverty | According to the World Economic Forum women represent a significant portion of low-wage workers, and ensuring they receive fair wages could lift millions out of poverty. Improved Well-being | Closing the pay gap improves the quality of life for women and their families. When women are compensated fairly, they can invest more in education, health care, and their children’s futures. Together, we can build a world where equal pay is a reality, not just an aspiration. Let's make today a turning point in the journey towards true equality 🙌💪 #InternationalEqualPayDay #EqualPayForEqualWork #PayEquity #GenderEquality #FairPay #EqualPayDay2024 Kat Becky Kathi Simon Yasmin Tenielle Alex Here's how ZestHR can support your organisation to closing the gender pay gap 👇
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Today is the European Equal Pay Day - the day, when due to the gender pay gap, women symbolically start working for free compared to their male colleagues. While it's important to draw attention to the gender pay gap, there are many other gender dimensions in the labour market that go beyond pay. Eurofound has been measuring job quality for many years and has developed 7 dimensions for what constitutes quality employment including i) physical environment, ii) work intensity, iii) working time, iv) social environment, v) skills, vi) prospects and vii) earnings. Pay is obviously important to have an immediate quality of life, we should also take time to highlight the other dimensions of quality employment where gender inequality continues! For example taking work intensity, women are more likely to be exposed to emotional demands at the work place such as handling angry clients or resolving emotionally intense situations, compared to male colleagues. On social environment, women, unsurprisingly sadly, report higher instances of adverse social behaviors and threats or harassment at the work place. Even on earnings, it isn't simply a case that men are paid more than women, the increased use of company shares or payments based on company performance typically favour men over women, which is widening the gender pay gap. You can read more about the gendered dimension of work from Eurofound below: https://lnkd.in/e6r_ra8A In short, yes let's work towards closing the gender pay gap, but let's not forget other gendered dimensions of work too! #genderpaygap #equalpayday #EuropeanEqualPayDay #SocialRights #GenderEquality
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Happy International Workers' Day! Today, we celebrate the remarkable contributions of workers worldwide. As we commemorate the past struggles and victories of the labour movement, while continuing to fight for fair wages, safe workplaces, and dignity for all workers. However, amidst our celebrations, let's not forget the sobering reality: globally, women's participation in the workforce stands at only 47%, compared to 72% for men, leaving a troubling 25% gender gap. Moreover, studies reveal that in South Africa, only 26.5% of top management positions are held by women. These statistics underscore the pressing need for greater strides towards gender equality in the labour force. Together, we must strive for a future where every worker, regardless of gender, is respected, valued, and empowered. Let's work tirelessly to ensure that our workplaces are inclusive and representative of all, fostering an environment where every individual can thrive. #WorkersDay #Solidarity #SocialJustice #CSVR35 #GenderEquality
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Today is International Equal Pay Day. 💰 Closing the gender pay gap is not just a moral imperative, but also an important step for increasing the trust, inclusion and belonging of women, and other under-represented groups’ experience in your organisation. WGEA research has identified three main contributors to Australia’s gender pay gap: 👧 gender discrimination (36%) 👪 care, family responsibilities and workforce participation (33%), 👩🏭gender segregation by job type and industry (24%) The gender pay gap is different to “equal work for equal pay,” and highlights the historical and ongoing devaluation of women in our society. Whilst the gap is reducing, the pace is glacial, in part because its contributing factors are what we commonly call ‘wicked problems’. Read more from National Committee member Deb Travers-Wolf 👁️🗨️ https://lnkd.in/gEcg-qnf Anntonette Dailey, Deb Travers-Wolf, Dwayne Fernandes, Jacqui Tyack, Katie Mouser MAHRI, Keira Chrystal, Larry James, Mitch Porteous, Mei H., Dr Sheila Gough Kenyon ♾️ #equalpayday #SpaceDiversity #InclusionInSpace #IDEA #inclusion #diversity #equity
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In the UK women work for free 💵 From today until the end of the year based on #genderpaygap (difference between the average pay of women and men) in the UK, it is as if women stop being paid 🚨 Alarmingly the gender pay gap is now 11.3%, up from 10.7% last year! Why does it matter? For one its’ unfair, raises legal liabilities but also because engaged and productive employees are those who feel they are treated fairly ⚖️ Achieving equal pay is an important milestone for human rights and gender equality. The gender pay gap is harmful for business, harmful for the economy & harmful to societies ℹ️ For more information on how governments, employers & workers can support and contribute to the United Nations Sustainability Development Goal 5 #genderequality, the Equal Pay International Coalition (EPIC), is by the International Labour Organization, UN Women and OECD - OCDE provides a great starting point Credits: UK Gender Pay Day Awareness Campaign led by the Fawcett Society - Photo by AAUW #genderpayday #genderpaygap #sdg5 #genderequality #reducinginequalities
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A long road ahead to closing the gender pay gap... New research by PwC highlights that the gender pay gap in the UK is projected to take 45 years to close. Despite a slight reduction in pay gaps reported by organisations this year, achieving gender pay parity remains a distant goal. Progress has been slow, with the average gender pay gap reducing by just 1.6% since 2017, when reporting became obligatory for companies with over 250 employees. The report asserts that gender pay parity is unlikely to be seen in the working lifetime of individuals entering the workforce today. While the path to gender pay equality may seem daunting, there is a clear need for immediate action to accelerate progress. By embracing diversity, fostering equal opportunities, and challenging systemic biases, we can work towards a future where the gender pay gap is a thing of the past. [PeopleManagement] #GenderPayGap #WorkplaceEquality #EqualPay #Inclusion #Diversity
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💰🧊 Equal pay is just the tip of the iceberg when it comes to the Gender Pay Gap. Swipe or expand this caption 👇 to find out more. Big thanks to the Workplace Gender Equality Agency for helping make this info easy to understand. In Australia, 73% of employers have a gender pay gap of more than 5% in favour of men—and they won’t be able to reduce it if they fix instances of unequal pay. When we talk about the gender pay gap, we’re not referring to paying women the same as men in any given role. Equal pay for equal work has been a legal requirement in Australia since 1969. Instead, the gender pay gap is the result of many drivers of inequality in the workplace that negatively impact a woman’s ability to earn. If you look at the whole picture you will find more underlying drivers that contribute to the gender pay gap, not limited to: 👩🏻💼 Policies that prevent flexibility required for caring responsibilities 👩🏼💼 Recruitment and promotions bias 👩🏽💼 Workplace cultures and career pathways that segregate women #EqualPayDay is on August 19, and before this date, WGEA is calling on employers to play an integral role in understanding the drivers of the gender pay gap in their organisations, and actively planning to reduce it. 🚨 Has your organisation hit the gender pay gap iceberg? 🚨 Never fear, managers and employers can effectively pivot away from treacherous waters with these simple steps: 🛟 Map out the size of the problem and the biggest spikes with WGEA’s Gender Pay Gap Analysis Guide https://lnkd.in/gXxE3xwf 🛟 Take a crash course in gender pay gap analysis or action planning: https://lnkd.in/gqpFpwtH 🛟 Navigate your way to equality with the WGEA Action Planning Tool: https://lnkd.in/guXASe-5 #EqualPayDay
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It’s 2024, and women still earn significantly less than men for the same work 💰 On this #InternationalEqualPayDay we thought we'd take a look at the history of equal pay and where we are today, almost 55 years after The Equal Pay Act. As SMEs and business owners, how can we continue to close the gender pay gap? 👩🏽🤝🧑🏼 Pay transparency? Stronger policies? Raising awareness? We need to ask ourselves: > Are we doing enough to ensure equal pay for equal work? > How do we tackle unconscious bias and structural inequalities? > What role do we all play in driving real, lasting change? Let’s continue pushing for reform, breaking down barriers, and building a future where pay is based on skills and value - not gender 🙌 #EqualPayDay #EqualPay #GenderEquality #CloseTheGap
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The gender pay gap remains a significant issue, with women earning 16% less than men on average. This disparity isn't just a matter of fairness; it has profound implications for businesses and society at large. As entrepreneurs, we hold the power and responsibility to drive change within our organisations and beyond. 💼✨ Here’s why addressing the gender pay gap is crucial: When pay inequity exists, it can lead to dissatisfaction and high turnover among female employees. Closing the gap helps in attracting and retaining top talent. 🌟 Diverse teams are proven to be more innovative and productive. By ensuring gender pay equity, we foster an environment where diverse perspectives are valued. 💡🤝 Modern consumers and clients are increasingly conscious of the ethical practices of businesses they support. 🛍️🌱 Let’s break the cycle and create equality. What do you think about the gender pay gap? Let me know your thoughts on this. 😊🗣️ #genderpaygap #equalpay #womenrights
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In South Australia, the gender pay gap currently sits at 9.8%. This means that, on average, for every $1 a man makes, a woman is paid almost 10 cents less. Today is Workplace Gender Equality Agency Equal Pay Day 2024. On this day, awareness is raised about the gender pay gap. The 19 August marks the 50 extra days that an Australian women must work to earn the same, on average, as men did in the last year financial year. The gender pay gap is the result of social and economic factors that combined reduce women’s earning capacity over their lifetime, resulting in a significant wealth gap by retirement. An unequal distribution of caring roles and family responsibilities, unconscious bias in the workplace and during recruitment processes, and gender segregation by job type and industries are some of the main social and economic drivers of the gender pay gap. In 2022, the South Australian Gender Pay Gap Taskforce was established to work on identifying the specific issues leading to the gender pay gap and making recommendations to the SA Government to help make positive impact. Watch this video* and to learn more about the gender pay gap, visit: https://lnkd.in/gSefGWxg *SA Gender Pay Gap data accurate at time of filming #HumanServicesSA #WGEAEqualPayDay #EqualPayDay2024 #GenderPayGap #EqualityMatters
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𝗘𝗾𝘂𝗮𝗹 𝗣𝗮𝘆 𝗗𝗮𝘆 𝟮𝟬𝟮𝟰 𝗣𝗼𝗹𝗹 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 𝗔𝗿𝗲 𝗜𝗻! Last Wednesday marked Equal Pay Day 2024, highlighting the persistent gender pay gap in the UK. At The Pipeline, we asked YOU: "𝗪𝗵𝗮𝘁 𝗱𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝗶𝘀 𝘁𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗯𝗮𝗿𝗿𝗶𝗲𝗿 𝘁𝗼 𝗰𝗹𝗼𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗲𝗻𝗱𝗲𝗿 𝗽𝗮𝘆 𝗴𝗮𝗽 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗞?" The options were: 1️⃣ Lack of transparency in pay 2️⃣ Few women in leadership 3️⃣ Low flexible work support Swipe through to discover what the LinkedIn community thinks are the key challenges to achieving pay parity. Thank you to everyone who participated and shared your insights. Your input is invaluable in our mission to empower organisations to take meaningful steps toward equality. Q: What actions do YOU think organisations can take to address these barriers and close the gap for good? Share your thoughts below! #EqualPayDay #GenderPayGap #GenderEquality
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