Rise and fall: how gender pay gap grows

Female bosses in Australia earn $93,000, or 26.5 per cent, less a year on average than their male counterparts, according to a new report.

Mind the gap - how the gender pay divide rises through the corporate ranks:

*The gender pay gap rises with seniority, climbing to 26.5 per cent for key management personnel, an annual difference of more than $93,000 in total remuneration.

*Companies with the lowest proportion of female executives have an average gender pay gap double the size of those with an equal share of women in senior roles: 20 per cent compared with 10 per cent

*Organisations that increased the proportion of women in executive leadership roles by more than 10 per cent saw their gender pay gap fall by three percentage points in a year

*The managerial gender pay gap falls as numbers of female managers rise: from a gap of around 15 per cent at firms where 20 per cent of managers are female, to eight per cent for companies where 80 per cent are female

* However, for organisations with more than 80 per cent female managers, the gender pay gap starts to rise again to more than 17% in favour of male managers

*Australia's most male-dominated industry delivers the highest pay to women, with women employed full-time in the mining sector earning on average of $139,053 in 2016

*The median gender pay gaps for full-time graduate trainees are 2.9 per cent on base salary and 2.1 per cent on total remuneration


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Source: AAP



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