The gender pay gap continues to be a pressing issue across various industries, and the retirement village sector in Australia is no exception.
According to a recent survey conducted by the DCM Institute, the majority of Village Managers in the country are women (69%). This same study goes on to reveal the significant disparity in pay between male and female Village Managers.
“On average, the salary of male Village Managers was over $17,000 higher than that of their female counterparts,” said James Wiltshire, Executive Director of the DCM Institute.
The survey indicated that female Village Managers received an average salary of just over $91,000, while their male counterparts earned more than $108,000 on average.
“The discrepancy in pay is disheartening,” said James, highlighting the need for immediate attention to address this inequality.
As previously reported, the rate of pay for Village Managers is still below the average $110,000 wage for a property manager in Australia, which generally is less demanding.
“The DCM Institute is drawing attention to pay to recognise the pivotal role Village Managers play in the lives of seniors across the country. These dedicated professionals are responsible for overseeing the day-to-day operations of retirement communities, ensuring the well-being and quality of life for elderly residents,” said James.
“By openly discussing and actively working towards closing the gender pay gap in the retirement village sector is vital to retain talented individuals, and attract new talent into the sector.
“Equitable compensation encourages professional growth and advancement. It fosters a positive work culture that benefits not only the employees but also the organisations they serve.”
The survey by australiaonline.com canvassed 186 retirement village and community managers across Australia.
