APRA AMCOS values a diverse and inclusive workplace. We actively seek to foster equity through a broad suite of policies and initiatives. We welcome the work of the Workplace Gender Equality Agency (WGEA) and the focus and commitment that WGEA reporting requires from organisations in order to address the Gender Pay Gap (GPG).
We note that the 2024 WGEA Industry Comparison Benchmark report records the following strengths for APRA AMCOS, when compared with other reporting organisations in the Motion Picture and Sound Recording Activities industry.
The gains we have made are the result of significant steps to promote gender pay equity, such as assessing remuneration for like roles across the organisation, reviewing remuneration upon hire and conducting annual reviews using external remuneration benchmark guidance.
While the WGEA Industry Benchmark Report shows an overall average GPG of 18.2% against the industry’s 11.2%, we are heartened to note that when compared on the median, the GPG drops to 13.6% against the industry’s 12.5%. The median is a better reflection of typical earnings of most roles in our business, while the average can be distorted by the earnings of exceptional high earners. That said, there is no doubt there is still work to be done. Our focus for the 2025 reporting year is to continue to achieve improvements in both our average and median GPGs and to improve the gender representation in the upper (senior leadership) and lower (entry level roles) pay quartiles through targeted talent management and recruitment strategies.