Written By: Yolanda Redrup 8/7/15
Gender inequality is still rife in Australian businesses, with men earning more than women in 411 out of 433 occupations in Australia, according to a new study by start-up incubator Blackwattle Co.
A man is 4.6 times more likely than a woman in Australia to reach a high-paying role and average, males earned $24,000 per annum more than women working in the same role, the study, The Glass Ceiling Index, found.
The Blackwattle co-founders, Harry Cominos, Lewis Bailey and Robert d’Apice, analysed 10 million tax returns between financial year 2009 and 2013 for the study, as part of last weekend’s fifth annual GovHack competition.
“We fell into analysing the pay gap quite organically. We kept exploring the data sets and being surprised by how big the gap was,” Mr Cominos said.
Over the past five years the income gap between men and women has increased by $3200, the study found.
The worst jobs for gender inequality were electrical distribution and trades workers, sports people and bank employees.
In the banking industry men were nine times more likely than women to be in a highly paid role and they earnt, on average, $40,000 more.
People participating in GovHack analysed government data over 46 hours in an attempt to find new ways to use it to win international, national and local prizes.
In last weekend’s event there were over 1800 participants and 500 teams.
Mr Cominos said there was some pay disparity in 95 per cent of jobs, but in 11 jobs there was no glass ceiling.
“It begs the question, is this what is considered women’s work, while banking jobs and high-paid professions are for men? It’s disturbing.”
In female dominated-professions, men still held the top jobs. Women represented 98 per cent of midwives, but male midwives were five times more likely to be in a high-paying role, earning about $16,000 more, the study showed.
Australian Women Chamber of Commerce and Industry chief executive Yolanda Vega said the findings showed there had been no action on the issue, despite it being in the public consciousness for years.
“Boards need to be including gender equality in the chief executives’ key performance indicators. I can guarantee then changes would occur.”
Source: Financial Review http://www.afr.com/news/men-outearn-women-in-95pc-of-professions-study-finds-20150708-gi7n92