With the UK requiring a million new tradespeople to keep up with demand over the next decade, Magnet Trade has highlighted the importance of closing the gender pay gap, as the demand for women in the self-employed trade industry increases.
Magnet Trade analysed ONS data, and information from The Association of Independent Professionals and the Self-Employed (IPSE) to find out exactly where the UK really stands when it comes to the gender pay gap in self-employed trade professions.
Electricians have the biggest hourly gender pay gap at £7.97.
Magnet Trade’s report reveals self-employed electricians have the biggest hourly gender pay gap with women only charging £18.54 compared to £26.51 for men on average. This means that male electricians earn on average £16,583 more than women in a year.
An average electrician’s weekly salary according to Hudson Contract is £1,055, which is just over £50,000 a year. Due to an increase in demand for jobs, electricians are able to charge more meaning their wage is above the UK average.
Top 10 self-employed trades with the largest gender pay gaps:
|Ranking||Trade||Male hourly rates||Female hourly rates||Hourly gender pay gap|
|7||Painter and decorator||£23.31||£16.30||£7.01|
|8||Steel and timber frame erection||£22.19||£15.52||£6.67|
Self-employed men earn £700,000 more in a working lifetime compared to women in the same industry.
Magnet Trade’s data found that, with women earning 43% less than men in self-employed jobs, estimates show that, for trade jobs, men charge £7 more an hour on average than women. In terms of the hourly rate, on average, this is £23 for self-employed men compared to £16 for women.
Across all industry trades, men earn an average of £700K more across a working lifetime compared to women.
When looking at just one year, men earn £14K more compared to women in the self-employed trade industry. Therefore, self-employed tradeswomen would have to work five extra months per year to match a man’s salary across trade roles.