Clare Foundation has recently funded a public registry called Aotearoa listing 165 Kiwi companies with the aim to bring New Zealand’s gender pay gap into the spotlight. This ‘pay gap’ registry called, ‘Mind the Gap’ will see its launch on International Women’s Day and encourages New Zealand to register their gender and ethnicity pay gaps publicly. This registry already has the backing of several large kiwi businesses who say transparency is the secret ingredient to attracting talent in an increasingly competitive job market.
Globally, gender pay gap reporting is not a new thing, countries like Australia and the UK have already implemented compulsory reporting on gender pay gaps and are taking action on insights garnered from the collected data. ‘Experience overseas tells us that when we know our pay gaps, we are more likely to work toWards closing them,’ says Dellwyn Stuart, spokesperson for ‘Mind the Gap.’
In New Zealand, there are companies that have been collecting data and reporting their gender pay gap along with commentary on what they are doing to close it; however, until now this has not been done in an overly public way. A standardised way to report this data will bring it to the forefront and allow comparisons which is the intention behind this public registry.