The Australian Council of Superannuation Investors (ACSI) has found that companies in the ASX 20 have a higher proportion of women in their top quartile for total pay compared to the economy-wide average. However, companies such as Fortescue, Rio Tinto, and WiseTech have the lowest proportion of women in their highest-paid jobs. The report also revealed that nine of the ASX 20 companies had more women in their bottom pay quartiles, indicating a failure to promote women into senior positions.
The data showed that men were more likely to earn higher salaries as they moved up in organizations
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