Research published in mid-2022 indicated Australia’s gender pay gap has reached a reported $1 billion a week and that means your organisation has a clear opportunity to differentiate itself in the highly-competitive market for talent.
WTW’s Andrea Piaia and Adam Hall demonstrate a clear pathway for responsible employers looking to drive real change on fair and equitable pay, through ambition, analytics and action.
Our global research, where we’ve analysed millions of employee responses, shows that making inroads into the gap matters deeply to your workers and represents a fundamental attribute of employee engagement for high-performing companies.
And going beyond what may be required by regulation, putting pay equity at the top of your agenda is a clear reinforcement of your organisation’s values.
This article is the second in our Mind the gender gap series, focusing on a range of contemporary diversity and inclusion issues. Our previous article focused on the superannuation gender gap and how employers can help women achieve a better retirement outcome.
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