From Melanie O’Toole, NCWQ Economics Adviser
We are entering the Fourth Industrial Revolution; emerging technologies and changing demographics are expected to significantly change the future landscape of work globally and in Australia. Recent research paints a picture of our future work that is far from clear. That said, it is incumbent upon all individuals to plan for their future prosperity, by recognising the forces that are likely to shape that future.
As we mark Equal Pay Day 2016, we note that the gender pay gap in Australia is 16.2%, and that the number of women in leadership roles in Australia remains disappointing. A recent Senate Committee inquiry concluded that there are significant factors impacting women’s economic lives that leave them at greater risk than men of experiencing poverty and homelessness in retirement.
Against these existing systemic challenges, women must consider key findings about the future of work that are likely to impact their economic lives in the near future. There are exciting opportunities and challenges ahead, even if our destination is unclear.
Read the full reports below: