This report examines the declared Top Earners of Specified Executives of the 180 ASX200 companies. It explores how gender interacts with this most senior level status.
Key findings are:
*Women hold only 7% of Top Earner positions in the ASX200.
*The overall median pay for women is 58% of the overall median pay for men.
*Female Chief Financial Officers and Chief Operating Officers earn half the wage of their male equivalents.
*In CEO positions, a female CEO earns two-thirds the salary of her male counterpart.
*Men in both line and support positions are more likely to be Top Earners than women.
*Even in support roles where women are concentrated, women have less than a 50% chance of being a Top Earner.
*In nine out of ten industry sectors, the female median salary is less than the male median salary in the same sector.
*Even in Human Resources positions where women are more common, the pay gap is 43%.
*60% of female Top Earners work in the bottom 100 ASX200 companies by market capitalisation.
*A higher percentage of Top Earners are female in ASX200 companies with more women on the Board.