The highest-paid full-time men in Australia earn at least A $ one hundred and sixty one thousand nine hundred and ninety nine more than the highest-paid women.
Men who run businesses earn 1 / 3 more than their female bosses, and it may take a lifetime to achieve gender equality, according to the Messenger Post.
According to a new survey published by the Federal government Workplace gender Equality Agency, (Workplace Gender Equality Agency), and the Western Australian Bank's Cotine economic Center (Bankwest Curtin Economics Centre), Australia's highest-paid full-time men earn at least A $ one hundred and sixty one thousand nine hundred and ninety nine more than their highest-paid full-time women.
At all levels of management, men earn an average of A $20589 more per year than women, even in the lowest-paid management positions. The average salary of the top 10 percent of male managers is $598745, compared with A $436369 for women. The lowest-paid male managers earn an average of A $82203, compared with A $61614 for women.
Lyons (Libby Lyons), director of the Workplace gender Equality Agency, said children who started primary school this year could see most management achieve gender pay equality in the workplace in the future. But they need to live to nearly 90 to see CEO-rated women earn the same income as men.
The report predicts that it will take 80 years to achieve equal pay for women's CEO and men's CEO. It takes 2042 for women in all management positions to earn the same income as men.
Duncan (Alan Duncan), head of the Coting economic Center at the Bank of Western Australia, said flexible work policies and paid parental leave allowed more women to stay in the labour market. Among them, the former has doubled the proportion of women in part-time management positions.
In Australia, 40 percent of women are in full-time jobs, 37 percent are in management jobs, and 16 percent are chief executives, according to the survey.