Tags: easyjet | ceo | pay cut | female

EasyJet CEO's Pay Cut a Solidarity Move

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By    |   Tuesday, 30 January 2018 12:43 PM

EasyJet’s new male CEO has just taken a pay cut to match the salary of his female predecessor, CNN reported.

Johan Lundgren will take a cut of about $48,000 to earn $994,000 annually, a figure on par with Carolyn McCall, whom he replaced in December.

“At EasyJet we are absolutely committed to giving equal pay and equal opportunity for women and men,” Lundgren said in a statement.

The CEO added that he is committed to addressing gender imbalances in the pilot community, which “drives our overall gender pay gap,” stating that the airline hopes to hit a 20-percent target for its new pilots to be female by 2020.

“Like all airlines pilots make up a large proportion of EasyJet's employees, they are paid more highly than our other communities and, most materially, 94 percent of them are male,” Lundgren said.

All companies with a workforce exceeding 250 employees have been mandated by the U.K. government to publish details of gender pay gaps by April 4, Bloomberg reported.

EasyJet was one of the first to provide its figures while other British airlines are yet to do so.

Amid the controversies surrounding equal pay, six male journalists at the BBC have also agreed to take pay cuts after the broadcaster’s China editor, Carrie Gracie, stepped down from her post recently upon learning that her male colleagues were earning more, The Hill reported.

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EasyJet’s new male CEO has just taken a pay cut to match the salary of his female predecessor.
easyjet, ceo, pay cut, female
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2018-43-30
Tuesday, 30 January 2018 12:43 PM
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