With International Women's Day just around the corner on March 8th, the gender pay gap is an ongoing issue. But its an issue that has been kept somewhat hush-hush within some companies.

That is all about to change in 2024 for Australias larger companies.

This year, for the first time, employees in thousands of businesses will have access to the key indicator of how their organisation is performing on gender equality.

**Gender pay gaps to be published**

The Workplace Gender Equality Agency $WGEA$ on 27 February 2024, will **publish the gender pay gaps** for every Australian employer with 100 or more employees.

It says the move is to promote **transparency and accountability** around the gender pay gap.

For the first release of private sector employer gender pay gaps, WGEA will publish employer gender pay gaps by median as well as the gender composition and average remuneration per pay quartile.

This data will be available on the [WGEA Data Explorer platform](https://www.wgea.gov.au/data-statistics/data-explorer), providing insights into how individual companies and industries are performing on pay equity.

**Significant work still to be done**

The agency revealed in 2023 the national gender pay gap stood at 21.7%, meaning women were earning on average over $26,000 less per year than men.

It says significant work still needs to be done to reach pay equity.

Employers will also have the opportunity to publish statements providing context around their results.

The agency says this level of transparency will empower companies to benchmark their progress and identify areas for improvement, as well as equip employees and consumers to make more informed choices.

**Leaders can make a choice**

As human rights advocate, humanitarian lawyer, and hostage survivor Rabia Siddique says, leaders have a choice:

- To _ignore_ the work needed to ensure greater equity and inclusivity

- or to choose to lead a cultural change.

She asks leaders to reflect on how they will use their influence and privileged position.

What leader will you be? How will you play your part?

**Join our FREE live virtual IWD 2024 event**

As part of our [curated leadership development program for 2024](https://www.thegrowthfaculty.com/blog/leadershipdevelopmentprogram), we offer you a [FREE live virtual event](https://www.thegrowthfaculty.com/event.php?eventId=a1JOd000000dTrlMAE) on Thursday 7 March 2024 with Rabia Siddique. Rabia will share her powerful and emotional story before asking leaders to reflect on their own journeys, challenges, and perspectives.

Named one of Australias top 100 women of influence and an Australian of the Year finalist, Rabia is a multi-award-winning storyteller, global inspirational speaker, leadership consultant, and media commentator.

With live Q&A, Rabia will show leaders how to start the conversations, role model the behaviours, and lead the action for greater equity, diversity, inclusion and cultural change going forward.

Photo by [Elisa Ventur](https://unsplash.com/@elisa_ventur?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) on [Unsplash](https://unsplash.com/photos/woman-in-black-long-sleeve-shirt-covering-her-face-with-her-hands-bmJAXAz6ads?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash)

Aussie companies pay gaps will be revealed in lead-up to IWD 2024

Gender pay gap info to be published for first time

Keep informed
Stay Inspired

Aussie companies pay gaps will be revealed in lead-up to IWD 2024

Gender pay gap info to be published for first time

Keep informedStay Inspired

Keep informed
Stay Inspired