Supporting gender equity at work

Empowering women is an important element of how NAB supports our employees, serves customers well and helps the broader community prosper in an increasingly global marketplace. To underscore our commitment, we’re signed up to the UN Women’s Empowerment Principles,, opens in new window established by UN Women and the UN Global Compact Office.

Our commitment to workplace gender equity

We’re committed to reducing the gender pay gap and having a 40% to 60% gender balance throughout our business, including our Board and Subsidiary Boards.

Executive management

NAB Board

Workforce

37% of our executive management are women.

NAB Board

66% of our non-executive directors are women.

Workforce

50% of our workforce is female.

You can view our measurable objectives, approved by the Board, on our Corporate Governance website.

We’re focused on fairness

We’re committed to fair and equitable remuneration for all employees, consistent with our market and performance framework. We actively address barriers to equal pay for all genders.

We’ve also extended 16 weeks of paid parental leave to eligible parents at NAB, regardless of gender.

We believe it’s important to recognise the interdependencies at play when it comes to equity. While NAB’s gender pay gap is 15.8%, lower than WGEA’s benchmark for the banking industry at 19.7%, there is much work to do to meet our 2025 target of a less than 10% gender pay gap.

With heightened expectations for every team to implement strategies to support female representation, we have seen some great initiatives being developed, including Private Wealth’s 1500 Degrees Program. 1500 degrees (the melting point of glass) is a nine-month program designed to prepare women for more senior roles. This is achieved through learning, networks and sponsorship opportunities.

Gender pay gap reports

More information about NAB’s gender pay gap for our Australian and UK based workforce is available through these reports:

NAB’s 2023 Gender Pay Gap report (PDF, 170KB), opens in new window (Australia based workforce only)

NAB UK Gender Pay Gap Report 2023 (PDF, 769KB), opens in new window (UK based workforce only)

Inclusion at NAB

Learn more about how we’re building a more inclusive business for our customers and colleagues. 

Contact us

Email us

If you have a question about our approach to gender equity you can email us.
 

Diversity.&.Inclusion@nab.com.au

Important information