Daily Trends Now
Daily Trends Now

Sports Direct unveils 6.3% gender pay gap

Sports Direct unveils 6.3% gender pay gap

Women earn less than men in all OECD countries.

Figures vary greatly from company to company, and the gap fluctuates depending on whether mean or median is used to calculate it. It forces employers to look at themselves and understand their organisations and it prompts employees to ask some hard questions.

Pilots are well paid, and they're nearly all men.

What do you think needs to be done to solve the gender pay gap problem? It is much more common than people realise. If you don't, start one.

Apple pays female employees up to 26% less than men in some parts of its United Kingdom and European operations. Although not specifically video game focussed, Microsoft had a pay gap of just 6.6%, while Sony Interactive Entertainment Europe had a gap of 12.8%.

"Only then we will ensure that men and women have equal lives at work and home". "Women are drastically under-represented in programming jobs at all levels", she explains, before noting that, "programmers, particularly seniors and leads, tend to be the best paid of all development roles". Why is those women's work not better paid, and why are they not being promoted?

Fashion retailers Coast and Phase Eight, the airlines Ryanair (RYAAY), EasyJet (ESYJY) and Virgin Atlantic, and banks including HSBC (HBCYF), Goldman Sachs (GS) and JP Morgan (JPM) all reported mean pay gaps of over 50%.

Do your recruitment processes need reviewing?

While flexible and part time workers - especially mothers - are sidelined in favour of full-time colleagues for promotion or new career opportunities, we will not achieve parity in senior roles or pay. "Many of the causes of the gender pay gap lie outside the workplace, and will require a partnership between companies and Government if we are to deliver long-term, lasting change".

More than 1,000 companies required to submit their gender pay gap figures to the Government have yet to do so, a day before the deadline. In some case this is shockingly high.

Now, we've got our hands on the stats for another giant of the modern music industry, Live Nation, which has posted an average gender pay gap of 46%.

Some 9,146 employers have now reported the data after a late surge in numbers. The total sum is divided by the number of males and females in the organization.

William Reed also revealed a mean bonus pay gap of 28.8 per cent favouring men - although this changes to a 13 per cent gap favouring women when calculated using the median (or middle salary).

Women's fashion and beauty brands are some of the worst offenders in the gender pay gap league tables, the last-minute rush to file results ahead of Wednesday's deadline revealed.


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