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The new legislative initiative (see above) makes this standard mandatory for companies with more than 25 employees.
 
The new legislative initiative (see above) makes this standard mandatory for companies with more than 25 employees.
  
[http://www.kvenrettindafelag.is/wp-content/uploads/2015/03/The-Equal-Pay-Standard-%C3%8DST-85-www.vel_.is_.pdf The Standard Equal Pay Management System]
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<ref>[http://www.kvenrettindafelag.is/wp-content/uploads/2015/03/The-Equal-Pay-Standard-%C3%8DST-85-www.vel_.is_.pdf The Standard Equal Pay Management System]</ref>
  
 
==Sources==
 
==Sources==

Version vom 8. Mai 2018, 14:56 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 announced to introduce a new law in order to close the wage gap. A bill of law (amendments to the Gender Equality Act No. 10/2008) was passed by the Parliament on June 1st, 2017 and came into force on January 1st, 2018. This law requires companies with more than 25 employees to proove on annual basis that wages are fair. Therefore they will be required to obtain equal pay certification of their equal pay system and the implementation thereof. 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] [3]

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.[4]

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

[5]

Sources

  1. Kvennafrí
  2. World Economic Forum: Iceland will become the first country to make employers pay men and women equally
  3. Goverment Offices of Iceland: The Equal Pay Certification
  4. Equal Pay Management System
  5. The Standard Equal Pay Management System

The Standard: 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