Over the past decade, Australian workplaces have rapidly evolved, recognising the need for diverse and inclusive business environments.
Now, with the global talent shortage impacting nearly all industries, it’s more important than ever for employers to get things right in order to attract and retain the best people.
It’s known that women in key decision-making positions contribute to improved company performance, and yet, more than 1 in 5 boards have no women at all. And only 22 per cent of CEOs are women, according to WGEA’s 2021-22 Employer Census.
**** Check out The Goodwork Playbook here.
The pay gap between men and women is still a problem as well, remaining stagnant at 22.8 per cent with new national data showing men earn an average of $26,000 more.
So what can be done to improve workplaces for everyone? Policies such as equal and generous paid parental leave (PPL), flexible working opportunities and ongoing, accessible training are key.
Other measures that could make significant impacts on the lives of many women in particular include, greater health and wellbeing offerings, fertility support and paid domestic and family violence leave.
Expanding on this, thanks to the support of Genea, Women’s Agenda is releasing “The Goodwork Playbook: 7 Policies for the Best Diverse Talent”.
We’ve spoken to a range of experts to provide a snapshot of some of the practical ways employers can stay ahead of the curve.
Key recommendations for employers include:
- Offer 12 months of PPL at replace wage rate, and actively encourage men or non-birthing parents to use it.
- While factoring in business demands, offer flexibility around work days and times
- Offer up to 24 days a year for reproductive health issues such as menstruation, menopause miscarriage, abortion, fertility and other prenatal needs.
- Take a personalised and humane approach when implementing domestic and family violence leave policy
- Be visible in your support for people of all identities and backgrounds
- Have an explicit policy around disability inclusion and back this up with strategic effort
Read the full report here.