Gender pay gap Australia: How companies such as Metcash, Graincorp and Lifestyle Communities are working to close it

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 90%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

BOSS speaks to a range of companies that have been working hard to narrow pay disparities between men and women. This is what they did.

, BOSS has spoken to several companies that have been working hard to narrow pay disparities between men and women.Over-50s housing group Lifestyle Communities uses an analytics system to run a pay gap predictor analysis before finalising salaries for new recruits.

Super Retail Group, which owns retail brands such as boating and fishing store chain BCF and outdoor clothing store Macpac, and which has a total medianAnthony Heraghty says Super Retail Group pays particular attention to how bonuses are paid.To remove the incidence of unconscious biases used in the calculation process, bonuses are awarded according to a strict set of objective criteria.

Further, on the Lifestyle Communities’ website and LinkedIn page, a job vacancy might appear alongside a video that features a woman in the role, and the company will ensure there are posts detailing the group’s parental leave and flexible working policies. Having strong numbers of women at the top creates role models and sends a message to staff that the company is committed to gender equality, Metcash says.“If you don’t demonstrate balance at the top table, you undermine your ability to provide leadership across the organisation,” adds Andrew Fraser, chairman of Australian Retirement Trust and a former treasurer of Queensland. ART has a total pay gap of 15.9 per cent, below the national average of 19 per cent.

Metcash concurs. The wholesaler generates profiles and videos of female employees, which are pushed out on LinkedIn and Instagram and other social media sites, as well as on the company’s internal networks and on screens that have been mounted at distribution centres.Spurway says he is proud of efforts to get more women into all levels of Graincorp. In Australia, women account for 27 per cent of Graincorp’s permanent workforce and 30 per cent of senior leader roles.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 2. in ZA

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 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 »

Gender Pay Gap Persists in Australian CompaniesA report by the Australian Council of Superannuation Investors (ACSI) reveals a gender pay gap in Australian companies, with men more likely to earn higher salaries as they move up in organizations.
Source: FinancialReview - 🏆 2. / 90 Read more »

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 »