EasyJet CEO takes pay cut to match female predecessor

by Garry Watts February 1, 2018, 0:24
EasyJet CEO takes pay cut to match female predecessor

EasyJet today revealed a huge 51.7pc gender pay gap, although it claimed this was more to do with the "massive gender imbalance" in the aviation industry's pilot community. Lundgren's starting annual salary was £740,000, which he will now reduce to match the £706,000 earned by McCall when she left the budget airline.

"We at EasyJet are absolutely committed to providing equal pay and opportunities for men and women", said Lundgren.

EasyJet stresses that Lundgren's benefits aside from pay already matched those received by McCall. Lungren's bonus and other elements of his remuneration package are identical to McCall's at the time.

Lundgren, who joined the United Kingdom budget airline in December, will have his annual salary cut by £34,000 ($48,000) down to £706,000 ($994,000) - the amount his female predecessor, Carolyn McCall, made in her final year according to easyJet.

While the gender pay gap remains an issue in Australia, figures released last November show the overall general pay gap in is continuing to narrow, with women now earning on average A$26,527 a year less than men - a gap of 22.4 per cent which is down from 23.1 per cent the previous year.

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EasyJet, the Luton, England-based carrier, had set Lundgren's starting salary at approximately $1.04 million; a raise of almost $48,000.

The gender pay gap is a big problem at the airline, due largely to women having more low-paying jobs such as flight attendants.

Only about 4 percent of the world's commercial pilots are women, with easyJet slightly higher at 5 percent. In fact, 94 per cent of EasyJet's pilots are men.

But we recognise we need to do better.

The carrier has also "set a target that 20% of new pilots should be female by 2020, up from 6% in 2015", reports the BBC. That is why three years ago easyJet launched our Amy Johnson Initiative to encourage more women to enter the pilot profession.


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