Gold miner St Barbara is eliminating gender pay gaps within its ranks.
Working to reduce the pay equity gap amongst its workforce since 2007 the company now has a board approved human resources strategy that it says has become hard-wired into its culture.
In 2007 St Barbara set a goal to reduce the pay difference to 15 per cent by 2018.
Four years before the 2018 deadline the miner has hit its target to improve wages.
But it wasn’t all about money, the miner also pledged it would boost the presence of women on its board and in its workforce to a quarter by mid 2018.
According to the West Australian St Barbara’s goal has almost been met with its workforce today made up of 24 per cent women.
Of the seven members on the company’s board, two are females –non-executive directors Ines Scotland and Betsy Donaghey.
For its efforts in promoting the status of women the miner has been named a finalist in the Chamber of Minerals and Energy of Western Australia’s 2014 Women in Resources Awards.
Now in its fifth year the awards celebrate the effort women contribute to WA’s mining sector.
According to CME’s 2013 Diversity in Resources Survey women make up 19 per cent of WA’s resources sector.
“While women make up 43 per cent of the total Western Australian workforce, there remains great potential for the resources sector to tap into this segment of the population for its future workforce needs,” CME chief executive Reg Howard-Smith said.
“Women in leadership roles will inspire other women to explore a career in the resources sector.”