There is a major gap between the salary of men and women, study reveals.
A new gender pay gap report shows the financial disadvantage of women begins in the early stages of their lives, running from childhood pocket money through their retirement savings.
The report was commissioned by Australia’s peak union body, the Australian Council of Trade Unions (ACTU), who are now using the results to press for more government-funded maternity leave and free childcare.
According to a report in The Guardian, women are likely to earn £300,000 less than men over their working lives. This came from a new analysis that has sparked fresh calls for more shared parental leave to close the UK’s stubborn gender pay gap.
Before International Women’s Day on Tuesday, figures show a gap of £5,732, or 24 percent, in average full-time annual salaries between women and men – more than four decades after the Equal Pay Act of 1970 was introduced.
ACTU president Ged Kearney said the discrimination began at a young age, according to the ABC.
“At every single stage girls’ and women’s pay is way behind that of boys and men. I mean it’s a really shocking reality considering it’s 2016,” Ms. Kearney said.
“It’s absolutely breathtaking when you consider that women who graduate with a bachelor’s degree can expect to earn $1.5 million less over a lifetime than men with the equivalent qualifications.”
Nina, a 21-year-old Sydney University student who will graduate at the end of the year, said it seemed that in terms of flexibility and opportunities there is still some discrepancy.
“Perhaps you have to work a bit harder to prove yourself,” she said. “I think in certain fields it’s a lot more problematic than in others, because some are just established as a lot more male-dominated industries.
“And so if you want to get that top job with that matching pay bracket, then you really have to prove yourself as capable and in the game.”