Iceland Makes History With Gender Equality Payments

In Iceland, it is now illegal to pay men more than women.

There is no denying that women's rights has been one of the hottest topics for many months now. With Saudi Arabia finally announcing that women will be able to drive and the stand for women's rights and equal pay the prime focus of the recent Golden Globes, finally addressing the gender divide has never been more under the spotlight.

Now Iceland has waded into the debate and made history, for all the right reasons, with the recent news that as of Monday 8th January 2018, it will be illegal to pay men more than women. It comes as no surprise given the fact that Iceland has, for the past nine years, been ranked by the World Economic Forum (WEF) as the world's most gender-equal country.

With the new rules in place, companies over 25 people will have to obtain government certification of their equal-pay policies and if they fail to prove their pay equality they will face a fine.

"The legislation is basically a mechanism that companies and organisations ... evaluate every job that's being done, and then they get a certification after they confirm the process if they are paying men and women equally," said Dagny Osk Aradottir Pind, a board member of the Icelandic Women's Rights Association. "It's a mechanism to ensure women and men are being paid equally, We have had legislation saying that pay should be equal for men and women for decades now but we still have a pay gap." she recently told Al Jazeera.


Written by
Poppy covers a wide range of topics at Billionaire, having spent the past 13 years at companies including Singapore Tatler, Her World Plus and Harpers Bazaar UK. She has a passion for fashion, jewellery and travel as well as an avaricious fascination with crime novels. Follow her at poppypskinner on Instagram.

 

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