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
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gender Pay Gap Revealed at Australian CompaniesThe gender pay gap at companies covering more than 5 million Australian workers has been revealed for the first time. Some of the biggest and most famous brands in the nation are revealed to have substantial gaps, some paying women, on average, less than 50 cents of what a man in the company earns.
Source: abcnews - 🏆 5. / 83 Read more »
Gender Pay Gap Revealed at Australia's Largest CompaniesData published today under new laws shows the gender pay gap at 5000 private businesses with at least 100 employees, including some of the country's best-known brands. It highlights how women lag behind men in median salaries at companies that include major airlines, banks and even some companies where women make up the majority of the workforce or are prominent customers, such as fashion houses.
Source: 9NewsAUS - 🏆 10. / 72 Read more »