Wage Gap for Young Professionals Expands in NZ
Gap Is Larger Right After University Than It Was 5 Years Ago
Even as some countries report women catching up or even surpassing men in wages in the early years of their careers (later it is usually a different story!), the wage gap has started moving the other way in New Zealand.
- New Statistics New Zealand data show that women who finished their studies in 2006 received an average annual income of $27,910 in 2007, or almost 13% less than the men who graduated at the same time, who earned $31,560.
- The gap a year after finishing university in 2002 was 6%.
- In those five years, the men who left school in 2002 saw their income rise 49%, while women made only 33% more, increasing the gap to 20%.
- Those women who graduated in 2002 actually saw their income drop in 2007, while men’s income rose 2.4% that year.
- The wage-gap trend was consistent across all fields of study, levels and providers.
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- Retaining and Improving the Equal Opportunity for Women in the Workplace Act 1999
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- Naming and Shaming Australian Boards without Women
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