Wage Discrimination
There is no doubt that income inequality has increased in the last two decades (Hiau 2005). According to the Australian Bureau of Statistics (ABS, Cat 6203.0) showed that on average hourly earnings of full time males and females are $28.83 and $23.40 respectively and it indicates that the earning ratio of eighty one per cent. Then, why does the gender wage gap exist? There are three main factors contributing to women earning less than men.
Firstly, a lack of permanent part time jobs and limitation in flexible working arrangements restricts the ability to combine quality employment and family care responsibility (Wooden 2001). This leads women who have children are have fewer opportunity to participate in the paid workforce (ibid.). Moreover, this can extensively decrease women’s earning potential both in short and long term (ibid.). Furthermore, it also gives negative impacts on their capacity to accumulate superannuation and retirement savings (ibid.).
Secondly, due to caring