‘Not good enough’: UK biz commits to closing gender pay gap
As new figures reveal an industry wide gulf between the average salaries of men and women, all major players reveal they are taking steps to close the pay gap
News By | 5 April 2018
Senior figures from across the British live music business have told IQ they are committed to ending the disparity in the average pay received by male and female employees, after all large UK companies yesterday published figures showing their respective gender pay gaps.
All companies in mainland Britain with more than 250 employees were given until 30 March 2018 to report their gender pay gap – defined as the “difference in the average hourly wage of all men and women across a workforce” – to the government equalities office. Companies also published data on bonuses and the breakdown of employees’ genders by pay quartile.
While the figures largely make for grim reading – at both Live Nation UK and AEG UK, men on average earn more than 40% more than…