Tag: gender pay gap

Spinnaker explores the evolving landscape of gender pay gap in the maritime industry, highlighting trends across the UK, EU, and globally. 

Academics at Cardiff Business School analysed UK-wide employee data to assess the impact of performance-related pay and concluded that performance-related pay is an important but overlooked factor behind the the gender pay gap.

While the world is becoming increasingly aware of the importance of gender equality for a sustainable future, latest data by the World Economic Forum show little progress, estimating it will take another 132 years to close the global gender gap. What is the role of business in helping shape a more inclusive and gender-balanced future?

In the EU, women work almost 2 months for free each year compared to men and this is no different in maritime industry which is already struggling to maintain a level of gender diversity. Latest data reveal a current gender pay gap of 43% in the UK maritime industry alone.

This year’s International Women’s Day is celebrated under the theme #ChooseToChallenge, a concept particularly fitting shipping industry, where only 5% of maritime leadership roles are occupied by women.

Data published by Spinnaker’s Maritime HR Association highlight that the shipping industry remains a male-dominant sector, as only the 5% of maritime leadership roles is occupied by women.

While female representation across the maritime industry seems to have remained stable this year globally, there has been a slight increase in the size of the maritime gender pay gap in the UK, with a current gap of 43%, latest figures by Spinnaker’s Maritime HR Association reveal.