‘The good news this International Women’s Day is that women are now moving through the ranks into management roles faster than men. If things continue at this rate it will take just two more decades for women to hold the same number of full-time management positions as men.
‘For lower-level managers, it could happen even sooner, perhaps in just ten to eleven years. But for the top spot of chief executive, we are unlikely to see women holding half the positions until 2100 That’s right: until the turn of the 22nd century, 80 years away.
‘The Bankwest Curtin Economics Centre has crunched five years of data collected by the Workplace Gender Equality Agency and discovered that while the glass ceiling that has prevented women from holding high-level jobs is receding, the ceiling governing salaries remains pretty much in place.
‘At every management level, in every industry, the spread of salaries available to male managers is much wider and higher than the spread available to female mangers. The top paid 10% of male mangers earn at least $600K in total salary, whereas the top paid 10% of female managers earn $436K, a difference of over $160K.’
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