Scentre Group was endorsed by the Workplace Gender Equality Agency (WGEA) as an Employer of Choice for Gender Equality in 2018. The endorsement recognises our efforts in creating a workplace culture in which women and men are equally represented, valued and rewarded.
To make real, lasting change, Scentre Group addresses the issue of gender representation from many fronts, including policies, practices, mindsets and education. Aside from the financial and commercial benefits that we know come from having diverse perspectives around the business table, the social benefit for our communities is enormous.
Breaking down the barriers to achieving gender equality in the Property sector is a personal priority for our CEO, Peter Allen, who is a representative for Property Male Champions of Change (PMCC) and a WGEA Ambassador for Pay Equity.
Following on from their first report in 2016, the PMCC has released an updated report during 2018 titled Grow the Talent Pool1. The latest report details how attitudes, behaviours or sentiment have changed over the past two years to recruiting, retaining and promoting women in the property industry. It builds on the 2016 insights that three key barriers preventing women from rising through the property industry’s ranks are: the boy’s club mentality, pay inequality and lack of diversity in senior leadership positions.
I’m incredibly proud of the work we’re doing at Scentre Group to develop a truly inclusive culture, recognising and rewarding people on their merit, embracing flexibility and supporting everyone to bring their whole self to work.” - Peter Allen, CEO.
Pleasingly, 22 per cent of women were attracted to the industry by flexible working conditions, up from 16 per cent in 2016, while 70 per cent of women and 79 per cent of men think the industry has become more diverse and inclusive. However, 61 per cent of women and 34 per cent of men still believe the boys’ club mentality discourages pursuit of long-term careers in the industry, highlighting it as an area that needs more action.
At Scentre Group, we’ve made great advances in gender equality, signalling that Scentre Group is a brand with a strong past, but an equally forward-thinking future. In 2018, we have:
* No pay discrepancies for like work between genders
* A female promotion rate of 65 per cent
* Average female tenure of 6.1 years, vs 5.4 years in 2015
* Appointed two additional senior females at Executive Committee level. Women now represent 41 per cent of all people managers.