EasyJet CEO takes £34000 pay cut to match female predecessor
- by Muriel Colon
- in Global Media
- — Feb 1, 2018
Johan Lundgren, who stepped into the role in December 2017, has chopped his salary by £34,000 - $AUD 59,000 - in order to allow "equal opportunities" for the budget airline company.
"To show my personal commitment I have asked the board to reduce my pay to match that of Carolyn's when she was at EasyJet", Lundgren said.
Mr Lundgren requested that his £740,000 salary is reduced to match that of his predecessor, Dame Carolyn McCall, who earned £706,000 when she left the airline in November.
The decision of top executive of low-priced airline occurs days after six BBC star presenters also chose to reduce ir salaries to combat wage gap in Public Broadcasting Corporation, which summer Past made public wages of best-paid presenters.
The announcement came as Easyjet confirmed that on average its female staff earned less than half the pay of male staff, one of the largest gender pay gaps of a big company as calculated under the government's new reporting rules.
Having recognised the imbalance, EasyJet launched its Amy Johnson Initiative three years ago to encourage more women to become pilots, setting a target for 20% of new pilots to be female by 2020, up from just 6% in 2015. EasyJet has already gone beyond or airlines in trying to attract more women pilots in aviation world. In all or respects, including bonuses, your remuneration package will be identical to McCall's.
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According to T&L, the airline did not disclose McCall's starting salary.
The overall gender pay gap at easyJet is 51.7%.
But we recognise we need to do better.
Last year, the business recruited 49 female new entrant co-pilots, a 48 per cent increase on the previous year and takes the proportion of easyJet new entrant female pilots to 13 per cent.
McCall had been credited with transforming the airline and was making £706,000 when she left the carrier last November after eight years in the job, so that's a cut of almost five per cent and A$60,000.
