BREAKING
The gender pay gaps of Australian businesses with 100 or more employees have been published for the first time ever today and some of the companies with the biggest gaps are women’s retailers.
Plus-sized fashion retailer City Chic, women’s clothing company Forever New, jewellery retailer Pandora and fast fashion brand Valleygirl are among the businesses with the largest gender pay gaps in Australia.
Across all industries in Australia, the median total remuneration gender pay gap is 19 per cent in favour of men.
At City Chic it is 57.4 per cent, which means the retailer has the 11th largest gender pay gap among around 5,000 companies whose data has been released today.
Pandora has a total remuneration gender pay gap of 52.3 per cent, making it the 27th worst in the overall rankings while Valleygirl, a fast fashion retailer for 15 to 25 year olds, is owned by Fast Future Brands, which recorded a median total remuneration gap of 51.9 per cent, the 29th highest overall.
Forever New’s gap of 51.3 per cent puts it at 31st.
The large gender pay gaps of these leading brands compares to a median gender pay gap across all retailers of 7.1 pe...
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