Data from the US reveals that average weekly earnings over the past 2 years have increased from around US$895 (February 2017) to US$951 in February 2019. This increase reflects an era of confidence and growth since the election of President Trump. Current US average weekly earnings equate to A$1,359, which is below Australia’s most recently… Read More
Trend monthly employment data in January 2019 indicated that employment increased by 24,900 with the number of unemployed increasing by 1,800 though the unemployment rate remained steady at 5.1% as did the under employment rate at 8.3% and the under utilisation rate at 13.3%. Revealing a steady state in the employment market, the participation rate… Read More
The recently released Report from the Government’s Workplace Gender Equality Agency (WGEA) indicates greater representation of women in leadership roles in the five years to July 2018, with representation among Key Management Personnel (KMP) increasing from 26.1% to 30.5%.
The decade since the Global Financial Crisis can be regarded as one of considerable change in relation to incumbency and reward.
We note that in reports of early November, the Workplace Gender Equality Agency (WGEA), using ABS data, revealed that the national gender pay gap presently stands at 14.6%, the lowest in twenty years. The WGEA noted that the gap had hovered between 15% and 19% over the past two decades.