WGEA's Wooldridge on Australia's Widening Gender Pay Gap

The video discusses the increase in the gender pay gap in Australia, highlighting factors such as industrial and occupational segregation, and the impact of male-dominated sectors like construction. It emphasizes the importance of pay audits and the role of women in leadership positions in closing the gap. The video also explores how Australian employers are engaging with gender equality initiatives, noting the benefits of an equal workplace for financial performance.

What is the current percentage of the gender pay gap in Australia?

• 12.5%

• 14.2%

• 16.8%

• 18.3%

Which sector's wage growth has contributed significantly to the gender pay gap?

• Education

• Construction

• Retail

• Healthcare

What are the two types of segregation that contribute to the gender pay gap?

• Age and experience

• Educational and skill-based

• Geographical and cultural

• Industrial and occupational

Why are pay audits important for companies?

• To improve employee satisfaction

• To reduce taxes

• To understand pay differentials

• To increase profits

How does having women in corporate leadership roles affect company performance?

• It improves financial performance

• It has no impact

• It leads to more employee turnover

• It decreases financial performance