We’ve all got to get our kicks somehow. I’ve been getting mine by playing a game of compare-and-contrast: looking at the data released on Tuesday showing which companies have the biggest gender pay gaps, and lining it up with what those companies say on their corporate websites, under the “diversity and inclusion” tabs.
The quality of the prose is enough to make any AI bot worry about redundancy.
The national median base salary gap is 14.5 per cent, but when bonuses are factored in, it rises to 19 per cent.Credit: Dionne Gain
Here is CommBank (gender pay gap of 29.8 per cent on base salary, twice the national median of 14.5 per cent) telling us its policy on equality. “Everyone has fair and equitable access to career and development opportunities resulting in diverse representation at leadership levels,” it asserts.
Energy company AGL (gender pay gap of 30 per cent, again, twice the national median for base pay) says it “strives to empower women to achieve their career goals and provide them with opportunities to connect and grow”.
AGL assures sceptics that “our Values [sic] are not just words on paper, they represent the very essence of who we are as an organisation and what we stand for. They shape our culture, guide our decisions, and drive our actions”.
Investment bank Morgan Stanley (gender pay gap of 25 per cent on base salary, and a whopping 48.2 per cent when you factor in bonuses), boasts of its commitment to “Diversity & Inclusion” as one of its “core values”.
These values include:“Champion an environment where all employees feel a sense of belonging—are heard, seen and respected” and “Expect everyone to challenge behavior [sic] counter to our culture of inclusion”.
Let’s hope this offer to challenge is taken up by female employees of the bank, who might wonder why they are worth literally half what their male colleagues are paid.
Pay gap stats aren’t about naming and shaming? Um, they kind of are
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02.03.2024
We’ve all got to get our kicks somehow. I’ve been getting mine by playing a game of compare-and-contrast: looking at the data released on Tuesday showing which companies have the biggest gender pay gaps, and lining it up with what those companies say on their corporate websites, under the “diversity and inclusion” tabs.
The quality of the prose is enough to make any AI bot worry about redundancy.
The national median base salary gap is 14.5 per cent, but........
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