In a bid to further reduce the gender pay gap, the Albanese Government has introduced a Bill that will require employers with 500 or more workers to set new gender equality targets, with their progress publicly available on the WGEA website and compliance required to be eligible for Government contracts.
Productivity in the private sector dropped sharply in the June quarter as hours worked and real labour costs increased, according to ABS national accounts data released today.
Pay rises in private sector agreements eased in the March quarter and plummeted from an unusual spike in the public sector, according to DEWR's latest data.
Productivity in the private sector has increased in the past three quarters on the back of a reduction in hours worked, while real labour costs have dropped for the past two quarters, according to ABS national accounts data released today.
Annual growth in private sector pay has gone backwards for the first time since the height of the pandemic, according to ABS data released today, but it continues to outpace inflation.
Australia's labour productivity growth is close to the top of the league table for comparable advanced economies, trailing the leading US by a small margin over the past 15 years, according to a new FWC publication.
The FWC is seeking submissions on the latest phase of its research on gender-based occupational segregation, which has been released ahead of this year's annual wage review.
The Workplace Gender Equality Agency has revealed a NDIS health service, the Energizer battery giant and an investment and logistics company have the largest median total remuneration gender pay gaps, while construction topped the list on an industry basis, under new laws requiring the agency to annually report the performance of companies with 100-plus employees.
