Gender Pay Gap Bill passes Parliament affecting organisations with more than 100 employees
Early childhood education and care (ECEC) organisations who have more than 100 employees have been reminded of their new obligations from early 2024 under the recently passed Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023.
The Bill requires all employers with 100 or more workers to publish the gender pay gaps of their employees, a key reform to drive transparency and action towards closing the gender pay gap.
In 2023, Australia’s national gender pay gap was 13.3 per cent. In real terms, this means the average weekly full-time earnings of a woman in Australia are $253.50 lower per week than the equivalent for men.
Federal Minister for Women, Senator the Hon. Katy Gallagher, believes the Bill is a critical step towards achieving women’s economic equality.
“On current projections it will take another 26 years to close the gender pay gap. Women have waited long enough for the pay gap to close – this government will not let them wait another quarter of a century.”
Gender pay gaps will be published on the Workplace Gender Equality Agency website. To access the Bill in full, see here.
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