British Companies Revealed Their Pay Gaps. Here's What We Learned

Randall Padilla
April 6, 2018

By midnight tonight, every employer with more than 250 staff will have published information on how much men and women in their organisations get paid.

Why is this happening now?

However, the bigger problem seems to be the fact that the companies mentioned in the report (Bandai Namco, Sumo Digital, Sony, etc) are not employing almost as many women in senior positions as men.

Any businesses that do not respond within that timeframe will be investigated and named and shamed, the commission said.

Kane's data, which he has outlined in a blog post for Civil Society Media, showed that charities compare favourably to pay gap data in private companies, at 15 per cent, and the public sector at 13 per cent.

Figures revealed at yesterday's meeting showed the trust employs 4,120 women compared to 912 men.

Ryanair has one of the ten biggest gender pay gaps in Britain, with its submission showing very few women work in high-earning positions. While women's mean pay is still 5.2 per cent less than men 45 per cent of the highest paid employees are women. By contrast, technology and education have the lowest pay gaps at 0.8% and 0.6%, respectively.

The figures indicate 78% of firms pay men more than women on average, while 14% pay women more.

When PayScale analyzed the reasons for men's and women's unemployment, some stark differences emerged.

'Years out of the workforce raising children permanently reduces women's earnings.'
And judging by the results, organizations have a long way to go. No matter the country, men often hold a disproportionately large number of high-level positions, while women - especially mothers - tend to populate lower-paying fields and jobs with more work-time flexibility to take care of families.

The figures from The Drum's sample show that United Kingdom marketing businesses have a median hourly pay gap of 16.2% - slightly better than the UK-wide median of 18.4% - while media companies fared better, with an average median of 13.5%.

"The challenge for employers is to decide whether to be sector leaders and demonstrate their commitment to gender equality, or to risk reputational damage by doing nothing", she added.

The most alarming figure comes from Rockstar, which ranks in first place among companies with regards to wage inequality, where the average wage for a woman is 64% lower than it is for a man. The report shows that when employees leave the workforce for one year or more, their pay upon returning to work is 7 percent less than an employee who is now employed when seeking the same job.

The 4,818-strong workforce at Rowlands is 80% female, the multiple said in its gender pay gap report published on Tuesday (April 3).

Others might simply point out it shows the need to help women become commercial pilots.

In line with Universal, the proportion of male and female staff who received bonus pay was roughly the same at around 75 percent. For more on the matter you can take a look via this link.

How useful are these figures?

In a statement, the company said that this was because the majority of its retail assistants and distribution center staff were women, and that the small percentage of male employees worked mostly in its head office.

The RSC said that although their figures were "better than the national average, we want them to be better".

Other reports by AllAboutTopnews

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