She’s price(d)less: the economics of the gender pay gap

Found in: Gender equity resources

She’s price(d)less: the economics of the gender pay gap 

She’s Price(d)less is the third in a series of reports that uses econometric modelling applied to data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey to unpack the factors that contribute to the gender pay gap.

The report shows that deeply entrenched gender stereotypes about the roles men and women play in paid work and caring continue to be the driving force behind the gender pay gap. The report found that:

  • Gender discrimination continues to      be the biggest contributing factor to the pay gap, accounting for almost      two-fifths (39%) of the gender pay gap,
  • The combined impact of years not working due      to interruptions, part-time employment and unpaid work      contributed to 39% of the gender pay gap.
  • Occupational and industrial segregation continue to      be significant contributors to the gender pay gap at 17%.

Understanding the drivers of the gender pay gap is critical to designing interventions to close the gap.

The study, conducted for the Diversity Council of Australia (DCA) and the Workplace Gender Equality Agency found that halving the gender pay gap and entrenched discrimination against women would increase economic growth by $60 billion by 2038.

Solutions outlined in the report included:

  • Addressing discrimination in hiring, promotion and training
  • Increased pay transparency and reporting on gender pay gaps
  • Increasing the availability of childcare; and reducing      disincentives through personal tax, family payment and child support      systems
  • Increasing the share of women in leadership positions through      targets, quotas and diversity policies

She’s Price(d)less – Summary report

She’s Price(d)less – Detailed report