Thursday, May 14, 2020
A Study Into The UKs Graduate Gender Pay Gap - Debut
A Study Into The UKâs Graduate Gender Pay Gap - Debut Unfortunately, despite widespread awareness, change and overall progression towards equal pay for both men and women in the UK, there remains a noticeably large gender pay gap amongst university graduates, with the most recent Government pay data revealing that males earn £1,600 more than women do one year after graduating and that this rises to £3,600 after five years and £8,400 after ten. We wanted to know, however, which institutions and degrees have the largest disparity between graduate earnings for men and women? Which Degree Subjects Have the Largest Smallest Gender Pay Gap? The data we analysed shows that the gender pay gap is the widest for those studying medicine and dentistry, with men earning around £63,300 ten years after graduation, compared to £43,200 for women, a huge difference of £20,400. Other subjects with worryingly high disparity include combined and general studies (a gap of £11,400), veterinary sciences ( £9,400) and business and management ( £9,000). The degree subjects with the largest gender pay gap⦠SubjectMale Average EarningsFemale Average EarningsDifference Medicine and dentistry £63,600 £43,200 £20,400 Combined and general studies £32,300 £20,900 £11,400 Veterinary sciences £38,900 £29,500 £9,400 Business and management £36,900 £27,900 £9,000 Architecture, building and planning £39,500 £30,700 £8,800 Law £40,00 £31,300 £8,700 Computing £35,700 £27,200 £8,500 Technology £34,100 £25,800 £8,300 Education and teaching £32,800 £24,500 £8,300 Subjects allied to medicine not otherwise specified £34,400 £26,40 £8,000 On the other hand, the subjects with the smallest pay gap after ten years were communications ( £3,300), health and social care ( £4,200), English studies and Philosophy and religious studies (both £4,400), however, all still show a substantial difference in earnings. The degree subjects with the smallest gender pay gap⦠SubjectMale Average EarningsFemale Average EarningsDifference Communications and media £28,700 £25,400 £3,300 Health and social care £30,300 £26,100 £4,200 English studies £31,100 £26,700 £4,400 Philosophy and religious studies £32,800 £28,40 £4,400 Creative arts and design £26,200 £21,300 £4,900 Nursing £34,800 £29,700 £5,100 Chemistry £36,900 £31,800 £5,100 Politics £36,800 £31,100 £5,700 Economics £51,600 £45,700 £5,900 Physics and astronomy £41,000 £34,900 £6,100 Which Universities Have the Largest Gender Pay Gap? Whilst the official graduate earnings data broken down by university differs slightly to that for degree subjects, in that it showcases the earnings of graduates once they reach 29 years of age, the fact remains that this still shows a worryingly large gender gap at most institutions. Stirling University in Scotland has the largest disparity, with male graduates earning £37,700, compared to £25,200 for females, a difference of £12,500, followed by the Royal Agricultural University ( £11,100 higher for men) and the University of Warwick ( £11,000 higher for men). The universities with the largest gender pay gap⦠UniversityMale Average EarningsFemale Average EarningsDifference The University of Stirling £37,700 £25,200 £12,500 Royal Agricultural University £40,300 £29,200 £11,100 The University of Warwick £50,400 £39,40 £11,000 The University of St Andrews £45,100 £34,200 £10,900 City, University of London £43,100 £33,400 £9,700 The University of Dundee £40,500 £30,900 £9,600 University of Durham £47,600 £38,400 £9,200 Oxford Brookes University £39,700 £30,700 £9,000 The University of York £43,900 £35,200 £8,700 The University of Cambridge £51,600 £43,00 £8,600 However, there are four universities where female graduates earn more than men (the Royal Veterinary College, University of West London, Royal Central School of Speech and Drama and Ravensbourne University), as well as several others where the gap is only a couple of hundred pounds. The universities where female average earnings are higher⦠UniversityMale Average EarningsFemale Average EarningsDifference The Royal Veterinary College £31,200 £35,400- £4,200 The University of West London £24,100 £26,100- £2,000 The Royal Central School of Speech and Drama £23,200 £24,900- £1,700 Ravensbourne University London £30,200 £30,800- £600 The universities with the smallest gender pay gap⦠UniversityMale Average EarningsFemale Average EarningsDifference The Arts University Bournemouth £25,400 £25,000 £400 Norwich University of the Arts £22,200 £21,700 £500 University of the Arts, London £28,500 £27,500 £1,000 London South Bank University £26,200 £25,000 £1,200 Goldsmiths College £29,600 £28,100 £1,500 Newman University £28,200 £26,400 £1,800 How Do Earnings Change Over Time? Lastly, our research reveals that, while the gender pay gap perhaps isnât quite so large straight after graduation, it certainly widens over time. On average, men earn around £20,900 one year after graduating from university, compared to £19,300 for women, a gap of £1,600. However, this gap increases by 56% three years after graduation, 125% after five years and 425% after ten years. 1 Year After Graduation3 Years After Graduation5 Years After Graduation10 Years After Graduation Male Average Earnings £20,900 £24,900 £28,300 £35,300 Female Average Earnings £19,300 £22,400 £24,700 £26,900 Difference £1,600 £2,500 £3,600 £8,400 Methodology By Degree Sourced from the Governmentâs âGraduate outcomes (LEO): outcomes in 2016 to 2017â dataset (Table 5). All figures relate to the median earnings of students who graduated in 2005/06 for the 2016/17 tax year. By University Sourced from the Governmentâs âUndergraduate degrees: labour market returnsâ dataset (Table 15). All figures relate to median earnings at age 29 for the 2015/16 tax year.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.