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Pay

This Month

Average total remuneration in the top pay quartile for financial and insurance services is $306,934 but only 36 per cent of people in that bracket are women.

The pay gaps at Morgan Stanley, Barrenjoey, UBS

The gender pay gaps in the top tier of Australian finance are the largest in the country.

The latest gender pay gap release shows that companies that offer higher salaries often also have higher gender pay gaps.

Historic pay data dump gives money men nowhere to hide

Australia’s biggest payers have the biggest pay gaps. Nowhere is this more evident than in financial services, where the money men still dominate.

“Our diverse meritocracy is at the heart of who we are,” says McKinsey local managing partner Wesley Waldon.

‘Unsatisfactory’: US-based firms book biggest gender pay gaps

Law and consulting firms run out of the United States are grappling with the effects of an anti-DEI drive from the US government.

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Australia’s top-paying companies among worst pay gap culprits

A total of 24 companies pay their top-earning workers $1 million or more, but none of them have a neutral gender pay gap.

tech

Men dominate tech’s best-paid roles, but women are making inroads

Amid the DEI policy backlash, CEOs in the local tech sector have made progress in shrinking the pay disparity between their male and female employees.

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Explore how your boss measures up on the gender pay gap

Enter your industry and company in our interactive to see how they measure up.

Mary Wooldridge needs to walk the talk.

If only the WGEA gender agency matched its ideals with action

Have an industry-beating gender pay gap or male-heavy leadership team? WGEA might have some work for you.

The gender pay gap is not only about the different salaries paid to men and women performing the same work.

The story bigger than the gender pay gap in today’s figures

Among the data released by the Workplace Gender Equality Agency is the average pay packet at almost every company with 100 or more employees.

BHP set a gender target. The (male) backlash took 3 years

The miner has more than tripled its female workforce over a nine-year campaign for balance. It overcame a huge shortage of women and an “alpha dog culture”.

February

Views from outer eastern suburbs in Melbourne.

Slater & Gordon email reveals CEO’s mansion excesses

Senior executives celebrated Christmas at the outer Melbourne mansion with a private chef last year.

Colin Walker’s business was audited and found not to owe a cent. The NSW Revenue came after him for $1 million in payroll tax for contractors going back four years.

An audit found Colin didn’t owe a cent. Then he was charged $1m in tax

Businessman Colin Walker says he is among a rising number of companies being aggressively pursued for payroll tax by the NSW government, which may be setting an example for other states.

January

What Atlassian has quietly done to attract top talent

The Nasdaq-listed productivity software giant has quietly allowed staff to begin selling shares after just three months. Critics say they may as well pay cash.

Sydney train drivers are among those striking over pay. They earn an average annual salary of $128,196 a year, including overtime and bonuses.

What train drivers, psychiatrists and others get paid

The recent spate of disruptive industrial disputes between governments and public sector workers has sparked conversations about how much these employees earn.

NSW nurses demonstrating for a pay rise in November.

Wage rises to blow out ‘unrealistic’ state budgets: S&P

Psychiatrists in NSW and teachers, nurses and police in Queensland are the latest essential workers to demand significant wage rises from state governments.

Ronnie Wood, from left, Mick Jagger, and Keith Richards earned more three times as much per gig as Ed Sheeran in 2024.

Rolling Stones pocket $21m a show as ‘pensioner’ rock stars cash in

Keith Richards and Mick Jagger made $21 million each time they played live last year, multiples more than Brat star Charli XCX and Ed Sheeran.

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December 2024

Private equity deal: Slater & Gordon

Slater & Gordon staff win pay rise of up to 22pc

Long-running pay negotiations between the Labor-aligned legal firm and staff have ended without a key union demand being met.

ETU bans have led to $25 billion worth of projects being delayed.

Breakthrough in crippling dispute holding up housing, roads for months

One of the most damaging industrial actions in the country may come to a stop after Ausgrid power workers ended four months of work bans after striking a deal.

Prime Minister Anthony Albanese and BCA chief Bran Black.

Push for McDonald’s pay rise shows danger of Labor’s laws, says BCA

Multi-employer bargaining has extended far beyond original intentions, according to the business lobby, including east coast miners and the fast food sector.

X owner Elon Musk has criticised the government’s social media plan.

Judge guts Musk’s $87b pay package

A US judge rejected Tesla’s attempts to reinstate the CEO’s mega pay package, saying he had too much influence over the board when it was adopted.

November 2024

Can’t buy me love (or a house).

‘Let’s get together, double our income’: Money is the new dating trend

Love can conquer most things, but can it overcome financial differences? Australia’s singles aren’t so sure.

Original URL: https://www.afr.com/topic/pay-hoj