Gender Pay Gap Across Industries
Which industry has a 43.9% Gender Pay Gap – Aerospace & Aviation, Engineering or Marine?
Since the launch of gender pay gap reporting legislation on 6th April 2017, UK businesses with over 250 employees must publish annual reports on the pay gap between male and female employees.
What is the Gender Pay Gap and Why Does It Matter?
The Office of National Statistics defines the gender pay gap as the difference between men’s and women’s hourly earnings based on a percentage of men’s earnings. According to the Office of National Statistics, the gap between what UK male and female workers earn (based on a median hourly earning for full-time workers fell to 9.1% in April last year); a marginal decrease from 9.4% in the previous year. The mean gender pay gap is 14.1% and has been stuck at this same level for the past three years.
A Government Equalities Office Report found that over three quarters of UK companies pay their male employees more than their female employees. Does the industry you work in have a high or low gender pay gap?
Gender Pay Gap in Aerospace & Aviation
The Aerospace & Aviation sector has the highest gender pay gap across industries, with airlines reporting a pay gap of 43.9%. Of all companies with the largest gender pay gaps reported in 2018 so far, two are airlines (Tui and Easyjet), followed by three banks (Virgin Money, the Clydesdale and TSB).
Easyjet has said the reason behind its pay gap of 45.5% is the fact that most of its pilots are male, whilst the majority of Easyjet cabin crew are female. Male employees at Tui Airways earn 47.3% more than female employees, and Tui asserts the same problem as Easyjet.
Despite the revelations, the equal pay statistics for subsectors of Aerospace & Aviation fare much better: women working in Installation, Maintenance, and Repair earn an average of 7.6% less than their male colleagues, and women working in Production earn 5.9% less. With the current Aviation Skills Shortage, airlines and MROs are beginning to turn to different methods to attract and retain new talent pools, including female employees.
Engineering & Defence
The Defence sector fares well in equal pay, with a gap of only 12.5% – far less than the national average – for male and female employees in the Military and Civil Service. Whilst the gap between male and female earnings in the Manufacturing sector is 18.8%, the Engineering industry has one of the lowest gender pay gaps at 1.7%.
However, with female tech employees earning 25.2% less than their male colleagues, the Technology industry has a long way to go in achieving equal pay.
The 2017 Maritime HR Association annual salary survey captured the experiences of 2,500 UK employees working within the Marine sector, including chartering, commercial operations and ship management, as well as corporate support and administrative roles.
The survey found:
Women represent 34% of the total 22,000 global Marine jobs – with only 14% in technical roles and less than 1% on executive teams.
A gender pay gap in the Marine sector of over 45%, with the proportion of women employed decreasing as salaries increase.
Bonuses of female Marine employees are over 60% less on average, despite women being just as likely to receive a bonus as their male colleagues.
In comparison to the Finance and Insurance industry, which has a pay gap of 29.1% and Mining which has a pay gap of 22.8%, the Engineering & Defence sectors are on the way to equal pay, and Aerospace & Aviation and Marine must do more to recruit and retain female talent by demonstrating the best practice of equal pay.
Industry reporting is the first step in ensuring equal pay across UK sectors, and industry leaders are already recognising the importance of diverse talent pools in addressing technical skills shortages.
Read our Top 5 Tips to Increase Employee Retention in your business.
News on Similar Topics:
Candidate Newsletter: Engineering Jobs & Industry Trends
Jobs and News from VHR - Engineering & Technician Jobs Campaign URL...
B1 Licensed Engineer Jobs – Work in the Middle East
VHR’s team of Aerospace & Aviation Recruitment Specialists are looking for a...
Aerospace Jobs – Meet VHR in Romania
VHR’s team of Aerospace Recruitment Specialists will be visiting Romania to find...