Women continue to get paid the same as men at Altis but we still have a problem!
By John Hoffman, CEO
In celebration of International Women’s Day, Altis wanted to acknowledge our success while highlighting an area for improvement.
No gender pay gap
For the third year in a row, women are paid the same as their male counterparts and in some cases slightly more at Altis, Australia’s largest privately-owned Data and Analytics consulting firm. In comparison, according to the Australian Government Workplace Gender Equality Agency (WGEA) survey completed in 2018, industry wide women’s base salary is typically 12.9% less than men’s.
Over the last 5 years, Nadine Hamilton (People & Performance Manager) and myself (CEO and WGEA Ambassador), have worked on ensuring that there was no gender pay gap, while building programs enabling our female workforce to succeed in a male dominated industry.
Women in management positions
Another area of success is that we have 50% more females in key management positions compared to our industry. According to WGEA, women in key management positions is 22.7% and I am proud to say that 36% of our leadership team and 38% of our executive team are female.
For all the good news, we still have a significant challenge facing us and that is the gender balance in our team, specifically in our graduate ranks. Only 17% of the IT bachelor’s degrees awarded in 2017 in Australia were to females. As an example, we have hired 12 graduates in the last 18 months and NONE were women. In five years’ time, we will have a significant gender imbalance, which will severely negatively affect the success of our business.
Programs to drive change
Frankly, we have not cracked this nut, but I wanted to share some of the programs we have implemented or are trialing to remedy this systematic problem impacting the IT sector.
- High school Intern program focused on women. We had our first student this year. She spent a week in the office and based upon feedback we have inspired her to pursue a STEM degree. Based upon our success, the plan is to host two female students in October this year.
- Female manager of our University intern program. 8 students came through this program this year and our theory is that having a female role model during the internship will increase the number of women who apply.
- Flexible return to work from maternity leave program that is tailored for each individual and their circumstances. 100% of our team have returned.
- Above statutory maternity leave payments.
- Sponsorship of the Canberra chapter of the Women in Big Data organisation.
Altis is proud of our successes but acknowledges that there is still a lot of ground to cover in growing diversity in our workforce.