Equal opportunity outcomes for women in the finance industry in Australia: Evaluating the merit of EEO plans

Abstract

This paper investigates equity programs in the finance and insurance industry to identify the approach to implementing equal employment opportunity used by Australian organisations. The research uses data from organisational reports submitted to the Equal Opportunity for Women in the Workplace Agency in order to identify issues in one industry, and link organisational approach to equal opportunity with the employment status of women. Despite the high numbers of women employed in this female-dominated industry, there are limited numbers of women in management. The findings show no correlation between the equal opportunity approach used and numbers of women in management.