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Pay Gap Widens Between Recent Male and Female University Graduates in Australia
New figures released by the Workplace Gender Equality Agency (WGEA), an Australian Government entity, indicate that the pay gap between male and female graduates in Australia has doubled over the last year. i3 Group says this trend is disturbing.
The pay gap has alarmingly gone up from $2,000 in 2011 to $5,000 in 2012. The agency's GradStats report for 2012 shows that men's starting salaries in Australia for 2012 increased to nearly $55,000 while women's starting salaries remained at $50,000. The gap is most wide in professions such as building and architecture where men's salaries are standing at $52,000 compared to $43,000 for the fairer sex.
Professions such as optometry, dentistry and law follow. The WGEA says that this trend is disturbing especially when more women are graduating out of Australian universities than men.
There are only seven professions where women are earning more than men. These professions include earth sciences, computer science and pharmacy.
Pharmacy is leading the pack when it comes to higher pay for women. At $39,700, women pharmacy graduates are earning (on a average) 10.3% more than men. The same report said there are only three occupations where men and women earn the same. These are humanities, education and medicine.
A spokesperson for i3 Group said there is a lack of transparency in Australia when it comes to the salaries people draw. This is a contentious issue and might make it difficult for women to gauge if they are being underpaid as compared to their male colleagues. One reason that has been put forth for this anomaly is, employers discriminate in salaries since they believe women won't work for long before they go the family way.
Women have a right to find out if they are indeed earning lesser than their male counterparts. Working women should actively enquire about the discrepancy from existing or potential employers.
About i3 Group
i3 Group is a specialist payroll company that provides its services across many industries. Payroll solutions (http://www.i3group.com.au/
Phone: (+613) 8340 1600