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==Gender Pay Gap in Iceland==
 
==Gender Pay Gap in Iceland==
The gender pay gap in Iceland is with around 16.3 per cent (2016) European average. Despite the average wage gap, Iceland ranks first in the [http://www3.weforum.org/docs/WEF_GGGR_2017.pdf Global Gender Gap Report 2017]and is often mentioned for a high level of equality measures.
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The gender pay gap in Iceland reflects with around 16.3 per cent (2016) European average. Despite the average wage gap, Iceland ranks first in the [http://www3.weforum.org/docs/WEF_GGGR_2017.pdf Global Gender Gap Report 2017]and is often mentioned for a high level of equality measures.
  
 
==Equal Pay Act in Iceland==
 
==Equal Pay Act in Iceland==

Version vom 8. Mai 2018, 14:24 Uhr

Gender Pay Gap in Iceland

The gender pay gap in Iceland reflects with around 16.3 per cent (2016) European average. Despite the average wage gap, Iceland ranks first in the Global Gender Gap Report 2017and is often mentioned for a high level of equality measures.

Equal Pay Act in Iceland

Already in 1961, the Icelandic Parliament approved the Equal Pay Act to ensure equal remuneration for women and men for equal work or work of equal value. The gender pay gap ranged relatively constantly around 15 to 16 per cent. Especially the economic crisis in 2008 had enormous impacts on the gender pay gap increasing the gap up to 28 per cent.

On October 24, 2016, thousands of women across Iceland walked out of their workplaces at 2.38pm demonstrating against the gender pay gap. The pay discrepancy means that Icelandic women effectively work without pay after this time, according to unions and women’s organizations.[1]

On March 8, 2017, the Icelandic Government annouced to introduce a new law in order to close the wage gap. This law requires companies with more than 25 employees to proove that wages are fair. Therefore, companies shall get certified to analyse and show their wage structures. The central goal of this legislative initiative is to close the wage gap entirely by 2022. The law should enter into effect by 2020. [2]

Equal Pay Standard

In 2012, the Equal Pay Standard has been introduced. This standard provides a voluntary measure for companies to analyse their wage structures. Companies who implement the standard are then certified for their efforts in implementing fair pay.[3]

The new legislative initiative (see above) makes this standard mandatory for companies with more than 25 employees.

The Standard Equal Pay Management System

Sources

  1. Kvennafrí
  2. World Economic Forum: Iceland will become the first country to make employers pay men and women equally
  3. Equal Pay Management System

Equal Pay Management System

World Economic Forum: Iceland will become the first country to make employers pay men and women equally

New York Times: Equal Pay for Men and Women? Iceland Wants Employers to Prove It

The Icelandic Women’s Rights Association (IWRA): Looking for information about equal pay in iceland

Related Links

Gender Equality in Iceland

Gender Equality in Iceland - Stepping Stones