For the first time, Australia Post has achieved gender parity in pay, beating the national average of 16%. The company now has a zero percent pay gap between men and women across its enterprise.
Female personnel now account for 37.5% of all management staff at Australia Post, which now has a female CEO, CCO, CFO, Deputy Chair and Company Secretary.
Improving from a difference of 1.4% reported in 2016, Australia Post acting managing director and group CEO Christine Corbett said this is the result of targeted programs addressing pay equity and nurturing talent.
“Australia Post is one of the largest employers in the country, so we are extremely pleased to report that we have reached an average zero percent pay gap – which underlines our position as a leader when it comes to diversity and inclusion.”
“Over the last seven and a half years we have focused on improving the representation of women across all levels of leadership and addressing unconscious bias. This culminated in October 2015 when we launched our landmark Gender Action Plan to focus and fast-track professional development.”
Corbett says that since then, Australia Post has seen “a concerted effort across the board” to recognise and champion its female workers. “In the last 12 months, over 400 women have participated in our career development programs, which has been instrumental in identifying and nurturing talent.”
With Australia Post’s new managing director and group CEO Christine Holgate joining the board at the end of the month, five of the nine directors are now female at the company, including its deputy chair, Holly Kramer.
Analysing the pay and roles of over 34,000 staff, Australia Post reports significant improvements in gender equality between 30th June 2016 and 30th June 30 2017, with women now accounting for:
– 44.4% of all board members, up from 33.3%
– 37.5% of all management staff, up from 36.4%
– 17.7% of all delivery managers, up from 14.4%
– 53.6%t of all postal managers, up from 51%
– 37.7 % of executives, up from 35.4%
The announcement coincides with of Australia Post hosting the #celebratingwomen event in Melbourne yesterday, part of a highly successful online campaign committing to celebrating women, from all walks of life and from anywhere in the world, every single day in 2017.