Small and medium-sized businesses now have access to resources to help better understand how they can act to close the gender pay gap.
A range of materials developed by the Victorian Equal Opportunity and Human Rights Commission (VEOHRC) were launched with funding from the Victorian Government to support businesses in their understanding of equal pay.
Minister for Industrial Relations Tim Pallas said on average, women must work 60 days more to earn the same salary as a man – which is disgraceful.
“By supporting small and medium-sized businesses with information and resources, it will help to reduce the gender pay gap and boost fairness across the economy,” he said.
“It’s a win for everyone – research shows that equitable workplaces are more productive, have less staff turnover and higher morale and are more profitable.”
The three videos with interactive features and three short e-learning modules are tailored to the characteristics and needs of small and medium-sized businesses.
Small and medium-sized businesses make up a significant proportion of the Victorian workforce and economy. Covering two in three employed Victorians, these businesses have the power to effect enormous change when it comes to achieving equal pay.
“As we emerge out of the pandemic, this is an opportunity for small and medium-sized businesses to reset and update business practices,” said Victorian Equal Opportunity and Human Rights Commissioner Ro Allen.
“Equal pay is a human right but it’s also good for business and our resources will help businesses take realistic and achievable steps to advance equal pay in their workplaces.”
The Government and VEOHRC have previously released the “Equal pay matters: Achieving gender pay equality in small-to-medium enterprises” report. The report noted that the drivers of pay inequality at smaller organisations include limited understanding of the concept of equal pay and how it applies to them.
The resources were co-designed with businesses and industry experts and will be distributed widely.
Recent data from the Workplace Gender Equality Agency shows the national gender pay gap continues to widen, now sitting at 14.1 per cent, which is an increase of 0.3 percentage points over the past six months. This means men on average earn $263.90 a week more than women.
To access the videos and e-learning modules, go to humanrights.vic.gov.au.
