Regional view: Europe
The average IR team in Europe now sits at 3.2 members, up 0.3 on 2020 and marginally down on the historical average of 3.3. As is traditional, European IR teams are larger than in other regions. All cap sizes have seen an increase in team sizes, apart from large caps where teams have shrunk by half a member. Mega-cap teams have increased by 0.4 bodies.
The gender ratio for European IR teams is 53 percent male to 47 percent female. This is a greater female representation than last year but is broadly consistent with the number of men and women working in IR over the past 10 years. Small-cap IR teams are the most heavily male while large-cap teams are evenly split between men and women.