Difference between what men and women are paid at board level in digital industry stands at 7%, study finds
There is on average a seven per cent disparity in pay between men and women at board level in the digital industry, a salary survey from Propel has found.
Based on the responses of 2,000 participants, the survey revealed that although the digital industry is still well under the national average of women being paid 19 per cent less than men, in senior roles there is a still a notable pay gap - although this does fall to three per cent at mid-level and one per cent in entry or junior level roles.
“Even though the gender pay gap has increased in the UK in the past three years, what is truly encouraging is that the digital industry is leading the way in closing this gap. Whilst at junior level we see a one per cent difference, it is the executive level that has yet to adapt and move forward," said founder and CEO of Propel, Melina Jacovou.
"Still, compared to other sectors the digital industry has been more welcoming to women in senior positions and is a promoter in recognising talent and skills above all.”
The study also looked at job satisfaction and the frequency at which people are changing roles.
Employees at a junior level were found to be the least satisfied with their work life (23.3 per cent) compared to 17.4 per cent of mid-level professionals and 64 per cent of senior level professionals.
59 per cent of respondents said they are considering a change in roles within the next year, with those in the second year of employment being the most likely to move (71 per cent).
Perhaps unsurprisingly, board level employees showed the least intention to move (44.5 per cent) while mid-level professionals were found to be the most likely to consider a move within the next 12 months (63.3 per cent).
A number of factors influenced this, namely job security with 84.4 per cent of respondents who are insecure in their jobs stating that they want to move, compared to only half of those who feel secure.
Bonus and paid overtime hours also impacted this figure with 10 per cent more respondents who don’t receive a bonus or paid overtime admitting that they would move.
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