National datasets and economic analysis provide benchmarks for insurers
WGEA and economic research outputs provide additional reference points. WGEA’s latest total remuneration average gender pay gap for the private sector is 21.1%. On this measure, women on average earn 79 cents for every $1 earned by men, a difference of $28,356 per year when base salary, overtime, bonuses, and other additional payments, as well as annualised full‑time equivalent salaries for casual and part‑time staff, are included. From employer‑level reports, WGEA also calculates a median gender pay gap, currently 16.4%. Median figures are less affected by very high or very low outliers, such as chief executive pay, and are presented as an indication of typical earnings within an organisation. Across all reporting employers, half record an average total remuneration gender pay gap above 11.2%, and half have a median gap above 8%.
