Part-time pay, full-time super: How one company aims to close the gap

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EnergyAustralia is addressing the gender super gap by paying new parents who return to work part-time a full-time super benefit until their child turns five.

When EnergyAustralia decided to revamp its parental leave policy, it wanted to not only encourage men to take time off when they had a baby but also tackle the“We know that women retire with significantly less super than men,” the energy retailer’s people and culture executive, Jodie Haydon, said. “That’s due to the double penalty of time out of work while caring for children and then returning to work part-time.

EnergyAustralia employee Cassandra Beswick, whose son, Kendrick, was born on May 21, said it was a relief to know she would continue accruing super while on parental leave. The Workplace Gender Equality Agency says paying super on parental leave, addressing the gender pay gap, return-to-work programs, improving women’s access to leadership roles and flexible work arrangements for men and women are all strategies organisations can adopt to close the super gap.“EnergyAustralia has taken a very positive, creative approach in terms of addressing the super gender gap,” the agency’s director, Mary Wooldridge, said.

The agency said that the employers leading the way were offering gender-neutral parental leave that could be taken by either parent with no qualifying period, with leaders in the field offering as much as 26 weeks.would be eligible to take 26 weeks of paid family leave regardless of gender, carer status or length of service.

She said the government-funded parental leave scheme – which provides 18 weeks of paid parental leave at the minimum wage for the primary carer and two weeks for “dads and partners” – was one of the least generous among OECD countries.to add superannuation to the government’s paid parental leave scheme.

 

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Please tell us timing of this announcement was not a cynical attempt to divert attention from suffering & deaths caused by agency's callous pursuit of unwarranted CO2 measures.

How about reducing the cost of energy?

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