Reducing the impact of poverty
Growth in median annual pay
Provisional median annual gross pay in Coventry for 2020 was £24,537, up 2.2% from 2019. This rate of growth is slower than the WMCA (up 4.6% to £24,262), Warwickshire (up 8.5% to £27,612), West Midlands region (up 4.2% to £24,634) and England (up 3.6% to £26,055).
Historically the average earnings amongst all Coventry residents in work have been relatively low and has consistently been lower than the average pay by workplaces located in the city; on average, commuters into Coventry get paid more. This remains the case.
However, average Coventry workplace and average Coventry resident earnings are above average compared to similar local authority areas (CIPFA near neighbours).
Gender pay gap
Median gender pay gap in Coventry is 18.8% in 2020 – higher than the 16.5% for WMCA; 15.5 for Warwickshire; 16.1% for West Midlands region, and 16.5% for England. This large gap is mainly explained by more women in part-time work. If we only include full-time work, the gap falls to 5.8% (compared to 8.9% for WMCA; 10.1% for Warwickshire; 7.6% for West Midlands region; and 8.4% for England.
There is a big difference in median annual pay between men and women – at £29,523 for men and £20,602 for women. However, women’s pay has been rising faster than men’s pay – up 4.2% for women compared to 1.0% for men.
If we look only at full-time jobs, the overall full-time pay is £29,102 – and again, there is a gender gap – £31,377 for men and £26,614 for women. However, full-time women’s pay has also risen at a faster rate than full-time men’s pay, up 7.2% for women, compared to just 0.6% for men.
Please note that the gender pay gap measures the overall difference in pay – it does not consider the different types and levels of jobs and occupations undertaken.