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Gender pay gaps have reduced for more than half of employers, but only one in five have a gap inside the target range, according to data from the second year of public pay-gap reporting.

Today's numbers, published by the Workplace Gender Equality Agency, represent the period between April 2023 and March 2024, which is when the first round of data went public (for the previous reporting period).

The figures – for 7,800 employers and 1,700 corporate groups – show that nearly three in four employers pay men more, on average, than women, but 56% of employers have reduced their gap.

As previously reported, the 2023-24 data, which reflects the annualised remuneration of 5.3 million employees across 19 industries, shows that for every $1 a man earns, women earn 78 cents, amounting to a yearly difference of $28,425...