Media and Communications Manager
A new report analysing the gender equality performance of 21 leading property employers has found that three quarters have analysed their pay gap in the last two years.
Across the country WGEA data shows only 24.7% of employers analysed their payroll for pay gaps in the same period of time.
The report, released by the Male Champions of Change Property Group (PMCC), details real change being made towards achieving gender diversity in member’s workplaces.
It found that all the member organisations have now adopted formal flexible working policies or strategies, and 75% have achieved balance or progress towards balance in the percentage of women in Key Management Personnel in their workforces.
The report uses performance benchmarks to assess whether the PMCC organisations are increasing the representation of women in leadership. It found that in 2016-2017:
- 75% of PMCC organisations analysed their pay gap in the last 24 months with all PMCC’s committed to conducting a review every two years
- women were appointed to 43% of the sixteen hundred committee roles in the Property Council of Australia, meeting the groups 40:40:20 gender target for committee positions
- 72% of leadership categories across all PMCC organisations achieved gender balance or progress towards it
- Women made up 40% of appointments in 89% of PMCC organisations
WGEA Director Libby Lyons says it is fantastic to see the progress towards gender equality in the property industry.
“The PMCC’s are sending a very clear message that gender equality is a key business priority,” said Ms Lyons.
“Their continued commitment will help the industry thrive by attracting and retaining top talent, fostering innovative thinking and by driving better business outcomes and returns for shareholders.”
You can read the full report on the Male Champions of Change website.