Four years since companies in the UK began revealing salary data, the art world’s gender pay gap remains

Four years since companies in the UK began revealing salary data, the art world’s gender pay gap remains

Bonhams is also attempting to close the gap from the bottom up. In September 2021, it established its graduate recruitment programme, of which 66% of its first contingent are female. Meanwhile, take up for a new auctioneer training programme that encourages women has been “phenomenal”, the firm’s spokesperson says. Last month, the firm appointed India Phillips as managing director of Bonhams UK, heading up its UK senior management team, which now comprises five women and four men.The next figures (2021/22) are due on 4 April, and only Christie’s has filed its report early. Here, the pay gap now stands at 25.6%. There has been little improvement since reporting began; in 2017/18 women earned 25% less, and—to compare with other firms’ latest figures—in 2020/21 the gap was 24.4%.A spokesperson says the main reason for the gap is that “70% of the global workforce is female”. She adds: “Since April we have both promoted existing colleagues into senior positions and hired others at a senior level.” Key appointments to the senior leadership team include Bonnie Brennan, who was promoted to president in the Americas in March, and Rebecca Yang, who became chair in China in August.There is some progress at Christie’s. In 2021/22, 51% of employees in the top quartile are women (compared with 43% in 2017/18) and the bonus pay gap is now 0% (compared with 2017/18 when it was 40.3%). Representation at executive management level has also improved—the firm now has a 35% female/65% male split, though this is short of the 50/50 parity Christie’s chief executive Guillaume Cerutti pledged by 2020. Cerutti is aiming this year to “move towards at least 40/60”, the spokesperson says.

https://www.theartnewspaper.com/2022/02/02/four-years-since-companies-in-the-uk-began-revealing-salary-data-the-art-worlds-gender-pay-gap-remains

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