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Last week marked a monumental moment for workplace gender equality in Australia. The Workplace Gender Equality Agency (WGEA) unveiled the gender pay gaps of almost 5,000 private organisations, shining a light on the disparities that persist in many Australian businesses. This disclosure, a first of its kind under the new legislation passed in 2023, is a call to action for all of us.
The data revealed a sobering truth: the median remuneration gender pay gap in Australia stands at 19%. This means that on average, women earn 19% less than men across the board. While this figure provides a broad understanding of the issue, the devil is in the details. Among Australia's top 20 publicly listed companies, 19 have a gender pay gap that favours men, with many lagging behind the national midpoint for all reporting employers.
Transparency in the workplace, especially regarding salaries, serves as a foundational pillar for fairness and equality. It extends beyond gender pay gaps, covering all aspects of compensation and employment practices. Salary transparency helps in levelling the playing field, ensuring that all employees, regardless of gender, background, or role, have access to the same information and opportunities for advancement and fair pay.
By openly discussing salary ranges and compensation benchmarks, organisations not only create a culture of trust and openness but also encourage negotiations based on market data and performance, rather than secrecy or bias. This shift towards openness can significantly impact job satisfaction, employee retention, and overall company morale.
The unveiling of gender pay gaps is just one step toward a larger goal of comprehensive workplace transparency. Initiatives like the EITR National IT Salary Survey play a critical role in this journey, offering detailed insights into current compensation trends and standards within the IT industry. After all, we spend over 40% of our life at work, so it’s understandable to want to be paid fairly. By participating in such surveys, professionals contribute to a wider understanding of what fair pay really means in their sector.
For IT professionals, this data is instrumental in making informed career decisions, negotiating salaries, and understanding their value in the market. For employers, it provides benchmarks to ensure their compensation packages are competitive and equitable, helping to attract and retain top talent.
With that being said, we’re proud to announce the annual return of our
National IT Salary Survey – a simple resource designed to demystify salary standards across the country. And we’d like to invite you to participate, it’ll only take you 2 minutes, and once our research is complete, we'll provide you with a report showing how your compensation compares to others in similar positions.
Confidential & quick → Your privacy is guaranteed, and it only takes a moment.
Empowering insights → Discover how your salary compares to peers nationwide.
Informed decisions → Armed with data, you're better positioned to make your next career move.
Whether you're contemplating your next move or simply curious, this survey is your first step towards a clearer understanding of your professional worth.
The movement towards salary transparency and workplace equality requires the collective efforts of employees, employers, and industry leaders. By advocating for and participating in salary surveys, we can all contribute to a more open, equitable, and fair industry.
Your voice and your experience are crucial in shaping the future of the IT sector. By coming together, sharing our data, and pushing for transparency, we create not only a better working environment for ourselves but also set a precedent for industries worldwide.
Be a part of this movement. Your participation in our salary survey is a step towards a fairer, more equitable industry for all.
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