Brookfield Rail has announced an astonishing reduction in its gender pay gap (GPG) figure to 0.6% for base salaries after making significant changes across its business to work towards creating a fair and equitable approach to remuneration for all.
This is a significant achievement and the result of bold and deliberate decisions that were made to reduce the gender pay gap from 22.9% in 2011 to less than 1% five years later.
Brookfield Rail’s CEO Paul Larsen is passionate about creating a fair and equitable workplace and strongly believes that creating pay parity benefits everyone in a workplace, regardless of your gender.
“Today’s results are reflective of a vigilant and deliberate approach to ensuring equal employment conditions across our business. I want people to know that if you join the Brookfield Rail team you will be paid fairly and equitably regardless of your gender,” Mr Larsen said.
“As a father, I want to know that my daughter is growing up in a world where leaders of all organisations are actively making bold and deliberate decisions to close the gender pay gap.”
Brookfield Rail began actively focusing on its remuneration policy and review processes with the intent on reducing the gap to the benefit of all employees.
“I am extremely proud of our team and their commitment to driving this figure down through vigilant and focussed actions. However with a relatively small workforce, the gender pay gap figure is very sensitive and one inconsistent decision could open up the gap again,” he said.
“We feel the results speak for themselves and we will continue to be vigilant to ensure our organisation is able to adapt and grow so that a gender pay gap of zero is a reality,” Mr Larsen said.
The theme for this year’s International Women’s Day on 8 March 2017 is Be Bold for Change. Brookfield Rail will recognise International Women’s Day by celebrating the significant reduction of its gender pay gap figure and openly discuss how the company will continue to move forward and work towards complete pay parity.
Manager Corporate Affairs
Phone: 0457 537 526
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