Small business and Gender ratio balance in Australia

According to statistical reports Australian women participation in the workforce is seen less in the small business sector in comparison to their level of participation in the large corporate and government sector. There i s large emerging  small business and start up sector  with not enough participation from women in  this rapidly growing workforce. Currently men outnumber women across the public and private sectors, as well as in the upper and lower houses of federal parliament.

ScreenHunter_36 Oct. 25

According to DEC 2012 report  on Australian Small Business Key Statistics And Analysis

“Overall Australian women are marginally under-represented as firm founders, and
there are important gender differences regarding what type of firms are created. Female
representation is particularly low in the construction industry, while manufacturing is
largely male-dominated. Conversely, retailing, health, education and social services are
largely female-dominated industries.”

Generally IT companies  ,specifically companies that focus on programming  and specific IT tasks,tend to struggle to maintain a good Male to female working ratio in their workplaces. Many small businesses and companies don’t have a written policy on their employment of women or the gender ratio to maintain in their workplace ,They simply do not have any policy on diversity .

Government requirements for gender diversity at work

New government policy  requires that any Australian company or business with 100 or more employees need to report  to the “workplace gender equality agency” .When a small business or company reaches 100 employees mark , they are required to report  annually on  their gender balance at their workplace, pay rates for the employees and the availability for  flexible working arrangements.

It is getting more important for  this reporting to be done , as companies can be blocked from tending for government contracts , applying for government grants or government financial assistance  if they do not report to the  government on thier gender  diversity a t the workplace

The U.S. women Labor Force
  • In 2012:
    • Women made up 46.9% of the labor force.
    • 57.7% of all women 16 years and over were in the labor force, compared to 70.2% of all men.
  • Women comprised 51.5% of management, professional and related positions.

pic from http://www.abc.net.au/unleashed/4303454.html

    Role of women in workplace

    According to EY advisory partner Amy Poynton, increased female workforce participation is the key to boosting Australia’s productivity. “When you consider that female workforce participation has only increased by 4% over the past decade to 65%, while male participation is currently at 79%, and you look at that in the context of the return of investment in educating women and the potential shortfall of retirement savings for women, it’s quite an alarming picture.”

Women make up half of Australia’s total population (50%),  however as of 1 January 2012, less than one-third (29%) of all Federal Parliamentarians across Australia were women (66 out of 226). When it comes to women in leadership, Australia has fallen behind. In 2012, 16% of board directors in the United States were women (compared with 12.3% in Australia). In South Africa 5.3% of board chairs were women (compared with 3.0% in Australia), and in Canada, 6.1% of CEOs were women (compared with 3.5% in Australia).

Ref links

http://www.innovation.gov.au/AustralianSmallBusinessKeyStatisticsAndAnalysis.pdf

http://www.ey.com/AU/en/News-releases/Increasing-female-workforce-participation

http://www.abs.gov.au/AUSSTATS/4102.0Main+Features30Dec+2012

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