Iceland’s Implementation of Equal Pay

Iceland has just become the first location to implement the requirement of companies to offer equal pay to its employees, regardless of gender, ethnicity, sexuality or nationality.

A recent article on The Toronto Star’s website by Jill Lawless explains Iceland’s equal pay requirement in great detail, and said article is available here: https://www.thestar.com/business/2017/03/08/iceland-first-in-world-to-require-companies-to-prove-they-offer-equal-pay.html

On March 8th the North Atlantic Nation’s government declared that it plans to introduce legislation to its parliament this month in which it will be required for any employer with more than twenty-five employees to provide evidence that they are compensating their workers equally.

Lawless, in her article, explains how other countries possesses equal salary certificate policies, though emphasizes how Iceland is recognized to be the first location to make equal pay mandatory amongst both private and public employers. Iceland, with a population of 330,000 persons, hopes to abolish the gender wage gay by the year 2022.

It is significant to note that Iceland has been recognized as the best country in the world in terms of gender equality by the World Economic Forum, however the women of Iceland continue to earn approximately fourteen to eighteen percent less than their male co-workers. This past October, thousands of Icelandic women exited their occupations around 2:30 pm and protested outside of Iceland’s parliament buildings to communicate their frustrations with the wage inequality.

 

I think Iceland’s choosing to implement the concept of equal pay amongst all workers as a mandatory requirement is an incredibly positive step in the right direction. Perhaps more countries will support Iceland’s recent legislation and implement this requirement within their own borders in hopes to eradicate the gender wage gap once and for all.

I furthermore think Iceland’s choosing to introduce this legislation on March 8th was a wonderful way to show support of the International Women’s Day event. I commend Iceland for their choosing to support women and I look forward to seeing more legislations like Iceland’s being passed in the upcoming year.

 

 

 

 

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