Will a female President earn the same as a male one?

What remains overwhelmingly true is that women pocket significantly less money in today’s economy.

And a new analysis reveals where the biggest pay gaps are.

It would surprise absolutely no one on Phillip Street to learn that barristers exhibit the biggest gender pay gap on these figures.

The average male barrister who does his taxes declares a taxable annual income of $169,000 and the average female barrister just $60,000 – a gender pay gap of a whopping 184 per cent. Take a male barrister’s taxable income, then halve it, then almost halve it again. Adjusting for the fact that male barristers work on average 44 hours a week, compared to 37 hours for female barristers, the pay gap shrinks to 141 per cent, but remains the biggest of all occupations.

In second place, on the hours adjusted pay gap, come stockbrokers and futures traders and other “financial dealers”. You can take a male stockbroker’s annual taxable income of $254,000 and halve it to get the average female’s $125,000.

Surgeons have the fourth biggest pay gap, with an average taxable income of $405,000 for men – the fattest pay cheque of any occupation – and $215,000 for women.

Rounding out the top 10 most sexist jobs are sportspeople, pilots, obstetricians, electrical trades workers, finance and insurance brokers, crane operators and metal machinists.

Read more: http://www.smh.com.au/comment/australias-top-10-jobs-with-the-biggest-gender-pay-gap-revealed-20160608-gpezg8.html#ixzz4B8HertrE
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