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. In just one year, men earn £14K more than women in the self-employed trade industry. Therefore, self-employed tradeswomen must work five extra months per year to match a man’s salary across trade roles. 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 can charge more meaning their wage is above the UK average. Plumbers rank as the trade with the second-largest gender pay gap within the industry. Plumbers have one of the highest average trade salaries, earning on average £53,824 a year. However, the pay gap between genders is also very high with females earning £18.10 compared to males £25.88 an hour. This equates to a loss of over £16,182 a year for women in the plumbing trade compared to their male counterparts. Joiners have the third largest gender page gap equating to a loss of £16,099 a year for female joiners compared to men in the same trade. When looking at the hourly rate for joiners, men earn on average £25.73 whereas women in the same position on average only earn £17.99 per hour.
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