WAGE GAP: A new study has found Australian men are earning more than women across every generation. The largest gender pay gap is reportedly between ages 55 and 64, with men earning on average around $40,000 more per year than women. 9News DETAILS:
Men aged 55 to 64 earn on average 31.9 percent more than women, or around $40,000 per year, data from the Federal Government's Workplace Gender Equality Agency's report, published today, showed.A woman looks into a microscope. Men are out-earning women in every age bracket, new research has found.
For the women who have made it to managerial ranks at the same age, two-thirds are in lower-tiered management ranks. "Too many employers are missing a huge talent pool by not encouraging and enabling women to work additional hours or in the managerial ranks," WGEA Director, Mary Wooldridge, said.