Think the gender pay gap is bad? The startup equity gap is even worse

Thousands of words have been written since the Workplace Gender Equality Agency (WGEA) released the pay gap data for Australian employers with more than 100 employees for the first time last week. I’ve personally seen everything from incredibly positive stories (eg how Culture Amp produced the lowest pay gap in the tech sector), negative backlash (eg CEOs of poor-performing companies making excuses for their bad results) to distracting redirections (eg whether a 0% pay gap is even realistic because “biology”).

Amongst all of the commentary, there is a big grey elephant in the room that no one is talking about — and that’s what I will call the gender equity gap.