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Live Nation, AEG report UK gender pay gap stats

AEG, Live Nation and Ticketmaster have reported their 2020 GPGs voluntarily, showing a narrowing of the average pay gap between men and women at all three companies

By IQ on 02 Jul 2020

UK gender pay gap 2020

image © WallpaperFlare

Several UK-based live music businesses have voluntarily reported their most recent gender pay gap (GPG) statistics.

Despite the government ruling early into the Covid-19 pandemic that companies do not have to meet the deadline this year, Live Nation UK, AEG Europe and Ticketmaster UK have shared their pay gap data for the 12 months from 5 April 2019.

From 2017, all companies in mainland Britain with more than 250 employees have been required to report their GPG – defined as the “difference in the average hourly wage of all men and women across a workforce” – for the previous year to the government equalities office.

However, with that requirement on hold amid the coronavirus pandemic, many of the companies which appeared on last year’s list, including SMG/ASM Global, Academy Music Group, NEC Group, DHP Family and PRS for Music, have not reported their statistics this year. Global, meanwhile, is no longer in the festival game, and its successor entities do not hire more than 250 people.

This article will be updated if any of the companies that are missing add their GPG reports at a later date. For now, though, here are pay gap statistics – as well as links to the full reports – for the four companies which voluntarily met the original deadline…

 


Live Nation (Live Nation (Music) UK Ltd)

Pay gap (mean): 44.5% (-44.3%)
Pay gap (median): 25.7% (+11.7%)

Live Nation UK slashed its mean pay gap (the difference in average hourly wage across the entire company) to 44.5% in 2019–2020 – the lowest figure since GPG reporting began in the UK in 2017. However, its median GPG (the gap between the middle-paid man and middle-paid woman) grew slightly.

Women occupy 36% of the highest-paid jobs and 72% of the lowest-paid jobs, while median bonus pay is 41.2% lower for women.

 

Ticketmaster (Ticketmaster UK Ltd)

Pay gap (mean): 25.9% (-41.1%)
Pay gap (median): 28.9% (+25.7%)

At Ticketmaster, it’s a similar picture to parent company Live Nation, with a drastic reduction in the mean GPG but a slight widening of the median gap. At 25.9%, the pay gap across the entire organisation is also the narrowest it’s ever been.

Women occupy 21% of the highest-paid and 43% of the lowest-paid jobs; on average, women’s bonus pay is 32% lower than men’s (on a median basis).

 

AEG (Anschutz Sports Holdings Ltd)

Pay gap (mean): 34.5% (-20.9%)
Pay gap (median): 39% (+6%)

In the most recent 12-month epriod, AEG Europe had a mean pay gap of 34.5% (down 20.9% on 2018’s 43.6%), meaning the UK’s big two live entertainment companies both reported their lowest average GPGs since reporting began.

At AEG UK, women occupy 34% of the best-paid jobs and 59% of the lowest-paid jobs, while women’s median bonuses are 15.6% lower.

 

PPL PRS (PPL PRS Limited)

Pay gap (mean): -9.6%
Pay gap (median): -16.8%

Performance rights organisation PPL PRS Ltd, a joint venture between PRS for Music and PPL, had a negative gender pay gap – or a GPG in favour of women – in 2019/20.

Women occupy 49.1% of the highest-paid jobs and 27.3% of the lowest-paid, while a bonus gap of 0% means men and women take home the same average bonus pay.

 


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