Here’s a sober­ing thought,

Cosmopolitan (Australia) - - On The Cover -

last year, girls out­per­formed boys in every state’s fi­nal school ex­ams. Great news for the sis­ter­hood, right? Well, yes, ex­cept that this isn’t a new trend; girls have been ranked higher than the guys in fi­nal ex­ams for years now, which you would ex­pect to trans­late into great suc­cess in the workplace. But it doesn’t. Cur­rently, the gen­der pay gap in Aus­tralia is 15.3 per cent. Put sim­ply, if you and the guy you meet on Tin­der were do­ing the ex­act same job with the same qual­i­fi­ca­tions and level of ex­pe­ri­ence, there’s a good chance he’d be get­ting paid, on av­er­age, 15.3 per cent more, for no other rea­son than that he’s a bloke.

In just about every in­dus­try, men out­earn women, based on the same work­load and job de­scrip­tion. For ex­am­ple, a fe­male HR man­ager will likely get paid $86,888, while a guy do­ing the same job will pocket $105,404. That’s a dif­fer­ence of nearly 18 per cent.

Ac­cord­ing to Mar­ian Baird, Pro­fes­sor of Gen­der and Em­ploy­ment Re­la­tions at The Univer­sity of Syd­ney Busi­ness School, the largest pay gaps are in the fi­nance sec­tor, where a fe­male in­vest­ment man­ager will earn around $109,666, and a guy do­ing the same work will cash in with $173,084. That’s a gap of nearly 37 per cent. ‘This is the re­sult of an in­ter­ac­tion of a num­ber of fac­tors; non­trans­parency of pay and bonuses, and dis­tance from pay reg­u­la­tion at higher lev­els,’ says Pro­fes­sor Baird.

That’s not to say there aren’t ar­eas where women earn more than men, be­cause there are, but they tend to be the low­est­paid jobs in the coun­try, such as re­cep­tion­ists and child­care work­ers, where the av­er­age an­nual salary is less than $50,000. That is, women are out­earn­ing men in these roles not be­cause they’re be­ing paid sub­stan­tially more, but be­cause few men are in­ter­ested in these in­dus­tries, or hold paid roles in them. By con­trast, the av­er­age in­come for men in roles where the gap most strongly favours them is up to 11 times higher. These roles in­clude jobs such as pathol­o­gists, ra­di­ol­o­gists, lawyers and on­col­o­gists.

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