Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

UK gender pay gap: women paid 90p for £1 earned by men

by
April 6, 2022
in Investing
0
UK gender pay gap: women paid 90p for £1 earned by men
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Women in the UK were paid just 90p for every £1 earned by a man, according to the latest figures released through the government’s gender pay gap reporting mechanism.

Among those high-profile companies reporting particularly large gender gaps was easyJet. According to data filed by the company’s larger arm, Easyjet Airline Company, women’s median wage stood at just 36p for every £1 that men earned last year.

Other companies reporting that median male earnings were at least double that of female employees include HSBC Bank along with several academy trusts.

A spokesperson for easyJet said its “gender pay submission does not represent a complete picture because the data in April 2021 included pilots, while the majority of our predominantly female UK cabin crew community remained on furlough”.

Analysis carried out by the Chartered Institute of Personnel and Development (CIPD) found the sector with the largest gender median pay gap was construction, where female employees received just 76p for every £1 earned by a man.

The median gap in the financial and insurance sector is equivalent to women receiving 88p compared with a male counterpart while women working in information and communication received 83p for every pound earned by a man.

The smallest gaps are in human health and social work activities, equivalent to 98p for every £1; arts, entertainment, and recreation (96p), and transportation and storage (95p).

Charles Cotton, senior policy adviser for reward and recognition with the CIPD, said the “figures show that very little has changed when it comes to addressing the gender pay gap in Great Britain”.

He added: “Employers shouldn’t just report the numbers; instead they need to understand the reason for any gap and be transparent about how they plan to tackle it.”

While all companies and organisations with 250 or more employees are required to file a gender pay gap report, the number of organisations reporting has fallen compared with before the pandemic, from about 9,000 to 8,200 in the latest reporting period.

The gap between the median hourly rate received by men and women in the UK actually improved slightly versus the previous year, shrinking from 10.2% in the last reporting period to 9.8% in 2021/22.

However, recent years’ figures may have been affected by the Covid crisis: reporting for 2019/20 was scrapped while last year’s deadline was changed from a spring deadline to October to facilitate businesses affected by the pandemic.

The median hourly pay gap does not address the gap in similar job roles and, due to exemptions, some high-level executives including partners, and some non-employees, typically low-paid workers, are not included in the data.

The easyJet spokesperson said: “We have always been clear that our gender pay gap is not a result of unequal pay but of gender balance in our pilot community, which is predominantly male.

“This is a known, industry-wide challenge that will take many years to reverse and one which we have been actively trying to tackle for a number of years.”

When its larger and smaller arms were combined, however, the overall median gender pay gap was 41p versus £1, rather than 36p, the spokesperson said.

Read more:
UK gender pay gap: women paid 90p for £1 earned by men

Previous Post

Director of PPE firm awarded £203m of NHS contracts steps down after watchdog announces probe into Michelle Mone’s ‘alleged involvement’

Next Post

Chronic food industry worker shortfall could force prices even higher, MPs say

Next Post
Chronic food industry worker shortfall could force prices even higher, MPs say

Chronic food industry worker shortfall could force prices even higher, MPs say

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021
Pints of champagne could be the next ‘Brexit dividend’

Pints of champagne could be the next ‘Brexit dividend’

December 24, 2021
Emergency Powers Are for Emergencies

Emergency Powers Are for Emergencies

0

0

0

0
Emergency Powers Are for Emergencies

Emergency Powers Are for Emergencies

July 1, 2025

From One Off Webinar to Persistent Hub: Rethinking Digital Engagement with a Modern Virtual Event Platform

July 1, 2025
“Did You Mean That Like That?” Conversations – Recognising Unintentional Bias in Business

“Did You Mean That Like That?” Conversations – Recognising Unintentional Bias in Business

July 1, 2025

of Business Units BPG Announces Strategic Restructuring Plan for Clear Separation of Business Units

July 1, 2025

Recent News

Emergency Powers Are for Emergencies

Emergency Powers Are for Emergencies

July 1, 2025

From One Off Webinar to Persistent Hub: Rethinking Digital Engagement with a Modern Virtual Event Platform

July 1, 2025
“Did You Mean That Like That?” Conversations – Recognising Unintentional Bias in Business

“Did You Mean That Like That?” Conversations – Recognising Unintentional Bias in Business

July 1, 2025

of Business Units BPG Announces Strategic Restructuring Plan for Clear Separation of Business Units

July 1, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.