Female CEOs earn £21k less than male counterparts | UK salary study reveals

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Stuart Gentle Publisher at Onrec

Female CEOs earn £21k less than male counterparts | UK salary study reveals

  • 10 Mar 2021
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    The gender pay gap is even wider for legal professionals with women taking home £32k less than men in the same roles.

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  • Female CEOs are earning £21,277 less than their male counterparts across the UK, a study by StandOut CV based on ONS data has revealed. The gender pay gap is even wider for legal professionals with women taking home £32k less than men in the same roles.

    Other key findings from the study include:

    • The average full time UK salary increased by 3.42% to £31,461 and the average UK wage (including part time workers) rose by 3.4% to £25,780
    • The top 5 highest paying jobs in the UK are:

      • Aircraft pilots and flight engineers – £92,330
      • CEOs – £85,239
      • Marketing and sales directors – £80,759
      • Legal professionals – £77,212
      • IT directors – £69,814
    • CEOs have seen an average earnings decline of 12.5% resulting in an annual loss of £12,177
    • The highest paying jobs where men earn more than women are Legal professionals, finance managers and CEOs
    • Only 35 of the 490 roles analysed by the ONS see women earn more than men, with counsellors topping the list with a 19% difference, equating to £5,074
    • The highest earning age group is 40-49 year olds, earning an average of £35,904 – and the lowest earning age group is 18-21 year olds, earning £18,087 on average
    • The lowest average salaried roles in the UK are:

      • Playworkers – £15,394
      • Cooks – £16,964
      • Launderers, dry cleaners and pressers – £17,145
      • Educational support assistants – £17,212              
      • Hairdressers and barbers – £17,223

    Worryingly, many of these low paying roles have been the hardest hit by Covid-19 and associated lockdown restrictions.

    See the full study at StandOut CV