Technology transformation and gender diversity
Our analysis of the Australian workforce reveals the unprecedented impacts of emerging technologies and the COVID-19 crisis on gender diversity in the workplace. The pandemic has accelerated the pace of technology transformation across most industries, and along with the economic impacts of the crisis, the result is a loss of gender diversity across the Australian workforce.
Organisations will be better equipped to fill new and evolving jobs after the pandemic, and into the future, if they start now to support and grow gender diversity in their workplace. The Australian Census shows there are over 12.7 million full time equivalent (FTEs) jobs across a broad range of industries.
FTE is a measure of the amount of time worked in a 40-hour full-time week, where 1 full-time workload (40 hours) is equivalent to 1 FTE. In this report, we explore the census data on gender diversity in Australia’s workforce and crunch the numbers over the next five, ten and fifteen years to see the total impact of automating and augmenting technologies on gender diversity.
Present day breakdown
The Australian Census data shows a fairly even gender split in the workforce, with slightly more male FTEs at 52.3%. Despite this relatively even gender split of the overall workforce, the gender parity isn't seen across all levels of seniority. In fact, at the most senior level, only 17.1% of FTEs are women.
The impact of technology
To maintain growth and reduce risk in the face of uncertainty, organisations are speeding up their technology adoption. The pace of this digital transformation is motivated by many factors, including the need to find cost savings and to increase workplace resilience and agility. An outcome of fast-tracking technology adoption is a larger gender gap.