The Workplace Gender Equality Agency scorecard, released today, has identified the pay gap between men and women is narrowing, but men still out-earn women by an average of 20.8 per cent.
The scorecard also showed almost 40 per cent of managers in the workplace are women, and there has been a slight increase in female representation on boards.
But the number of chief executives who are women remains unchanged and 40 per cent of employers are not taking any action to close the pay gap overall.
The agency’s director, Libby Lyons, said, “We would like to see the gender pay gap drop more quickly but we need to understand that the gender pay gap, along with all the other things that we measure, is cultural change - and cultural change always takes time.”