Bankwest believes differences must be valued so that ideas are heard, creativity is unlocked, connections are made and people are able to be the very best they can be. Equally, the diversity of our workforce and our leadership teams needs to reflect that of the communities in which we work. Only in this way can we keep in touch with what matters to our communities.
The Bankwest Curtin Economics Centre partners with the Workplace Gender Equality Agency to pursue a common goal of improving gender equality throughout Australia’s workplaces through its Gender Equity Insights series. This year the centre released Gender Equity Insights 2017: Inside Australia’s Gender Pay Gap, the second report in the series, which extends and strengthens the evidence base around gender pay gaps and how these have changed over time across Australian workplaces.
The report found that top tier female managers in Australian organisations earn on average $93,000, or 26.5% less per year compared to their male counterparts. It explored how gender pay gaps vary across industries and occupations and also included special investigations on gender pay gaps for graduate program participants, workforce gender segregation and the balance of women in top-tier management positions and how this impacts on the gender pay gap over time.