Who 
Countries AUSTRALASIA: Australia’s Hidden Resource: The Economic Case for Increasing Female Participation
Australia’s Hidden Resource: The Economic Case for Increasing Female Participation
The Australian government has responded to skill shortages by focusing on migration and training. A better alternative would be to use the highly educated labor already available: women
- It is estimated that closing the male/female employment rate gap would boost the Australian GDP by 11%
- Rise in female employment since 1974 has already boosted economic activity by 22%, but current policies aimed at bringing women into the workforce are inadequate
- Male productivity has averaged over double female productivity in the last 30 years
“We refuse to believe that a female with the same educational and work experience as a male will be 50% less productive in a similar role.”
- Closing the gender productivity gap could boost the GDP by over 20%
- Closing this gap would also help address the issue of pension sustainability and lift savings rates and tax receipts
Governments could help close the gap with the following policies:
- Using incentives to encourage women to take non-traditional career paths
- Encouraging employers to maintain links with female employees who have left work on parental leave
- Offering child care, flexible working hours, and retraining programs so that women can return to work after childbirth
- Funding educational programs in schools and the workplace to break stereotypes and reduce discrimination
- Introduce female quotas to Australia’s top 200 boards and executive teams
“Progress in this area would both significantly boost potential economic growth and help to solve the looming fiscal burden of the aging problem.”
To read the full Goldman Sachs JBWere Investment Research, click here
Bookmarks
Featured
- Top Women Have Much in Common
- Male Business Leaders Share Experiences In Seeking Gender Balance
- 28 Directors Need to Put in the Spadework
- Retaining and Improving the Equal Opportunity for Women in the Workplace Act 1999
- Womenomics 101 survey: Focus on Australia 2010
- Women in the Australian election
- Australia’s new Prime Minister Breaks the Glass Ceiling
- New Zealand Minister of Women's Affairs on Getting More Women on Boards
- Naming and Shaming Australian Boards without Women
- Australian Managers' Pay Inequity Is Worst at the Top
- Women Address Stagnation in Australian Board Diversity
20-FIRST ON THE MOVE
MAY
- Singapore
- Paris
- Marseilles
- London
- Düsseldorf
JUNE
- Copenhagen
- Milan
- Paris
- London
- Geneva
- Düsseldorf
JULY
- Chautauqua
Comments
Bella wrote on 09.11.2011 21:48:52:
YMMD with that anwesr! TX
pvmhaa wrote on 11.11.2011 14:45:39:
Gb7iB8 , [url=http://kgjhryyxoyfh.com/]kgjhryyxoyfh[/url], [link=http://sgsxeirbkqzg.com/]sgsxeirbkqzg[/link], http://yokvoctdkebe.com/
gmsvvwpbo wrote on 12.11.2011 12:16:46:
WMI4tb fxgkupautbxl
ixoglxlk wrote on 13.11.2011 16:25:12:
BvtGPO , [url=http://ouhrkwbwinnc.com/]ouhrkwbwinnc[/url], [link=http://qpcfhbjfkqqo.com/]qpcfhbjfkqqo[/link], http://kchqxopofvla.com/