PRS for Music has today published its Gender Pay Gap Report covering data for two consecutive years, 2019 and 2020.
Key findings from the report show:
- Mean gender pay gap at PRS for Music has reduced from 19.1% in 2019 to 13.8% in 2020. This was largely driven by executive appointments and leavers, most notably the appointment of a female CEO during 2019.
- PRS for Music hired more women than men in recent years, but a higher proportion have been hired to roles in lower pay bands, resulting in the median gender pay gap increasing from 17.2% in 2019 to 20.8% in 2020.
- Overall, while there has been some positive improvement in recent years, PRS for Music’s gender pay gap is in favour of men. This is driven by the fact that there are more men in senior positions within the organisation, rather than men being paid more than their direct female peers.