07 February, 2023

IAG Cargo takes second place in 2022-23 Equality Index

The cargo division of the International Airlines Group, IAG Cargo has taken the second spot in The Equity Index 2022/23 which is produced by Lead 5050, a cross-industry accreditation body, that ranked firms using official data on average salaries, bonuses, and pay at every level. 

The well-respected IAG Cargo was only beaten by the pharmaceutical giant GlaxoSmithKline (GSK) after data showed the business had a very small median and mean overall pay gap, with pay more evenly spread throughout all levels of the organisation.

Caroline Andrews, Chief People Officer at IAG Cargo said: "At IAG Cargo, we are committed to fostering an inclusive culture that appreciates the value of diversity and delivers on a great place to work for everyone. As a traditionally male-dominated industry, we are challenging this stereotype and working hard to inspire future female talent, and we are proud to receive recognition for this in the Equity Index 2022/23."

Leanne Linacre, chief executive officer of Lead5050, said: "Whilst the UK is a world leader in ensuring employers provide transparent data on gender-related pay, after years of progress, the gender pay gap for full-time workers has increased.

At the same time, the number of job vacancies rose to a record level last year whilst the cost-of-living crisis continues to bite adversely affecting women who are having to reduce their hours of work because of the cost of childcare.

"Closing the gender pay gap would strengthen the economy as higher wages would encourage more women to either enter the labour market or extend their working hours."

Recently IAG Cargo confirmed it was taking up the role of sponsor at the 2023 everywoman in Transport & Logistics Awards that are scheduled for 28th June 2023.  The company will sponsor the much-acclaimed Infrastructure Award, celebrating the outstanding achievements of two women in infrastructure.  

Launched in 2008, the everywoman in Transport & Logistics Awards aims to inspire more women to progress in careers within a traditionally male-dominated industry. With women only accounting for 20% of the 1.7 million people working in transport and logistics, the awards seek to create role models that will inspire future female talent who may not see the industry as an option to them.

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