Iceland has made it illegal to pay men more than women. A new law enforcing equal pay between genders came ilkegal effect on January 1,according to Al Jazeera. Under the legislation, firms that employ more than 25 people are obliged to obtain a government certificate demonstrating pay equality, or they will face fines. The Nordic country, home to more thanpeople, has noney ranked the best in the world for gender equality by the World Economic Icelanx for nine years in a row. The Global Gender Gap Report evaluates gender equality in a country using indicators including economic opportunity, political empowerment, and health and survival. Ms Aradottir Pind added: «I think that now people are starting to realise that this is a systematic problem that we have to tackle with new methods.
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Updated Iceland has become the first country in the world to make it illegal for women to get paid less than men. New legislation was passed Monday that would fine companies and government agencies with at least 25 employees who fail to obtain government certification of equal-pay policies. Officials had already agreed to end the gender pay gap by The new law, however, would close that gap even sooner by holding companies themselves responsible for equal pay. Ahead of the legislation Monday, Iceland already was considered the world’s most gender-equal country for nine years, according to the World Economic Forum. The group’s Global Gender Gap report found that the country had nearly closed more than 70 percent of its gender gap. The legislation was backed by both political parties in the country’s parliament, where women make up 50 percent of its lawmakers. In , women in the country made 14 to 18 percent less than men, according to the World Economic Forum. The World Economic Forum report listed the U. Since , the group revealed that gender equality worsened for the first time in Despite improvements in some countries, women around the world are still struggling for equal pay, even as income levels increase. The Pew Research Center reported in October that women still make 83 cents on a man’s dollar.
Iceland has made it very difficult to pay women less than men.
The center found that women are still burdened by declining wages due to work-life balance, gender discrimination in the workplace and a lack of acceptance in male-dominated circles. It’s no surprise to some that Iceland is the first country to make strides in equal pay. The country not only has a parliament in which half of the legislators are female, but it also has a new female prime minister, Katrin Jakobsdottir.
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Camila Domonoske. Starting this week, companies in Iceland are required to demonstrate that they pay male and female employees fairly — without gender discrimination. Failing to do so can result in daily fines. The law, which was passed last year and went into effect on Monday, is believed to be the first of its kind in the world and covers both the private and public sectors. Some headlines have claimed that the new law makes it illegal to pay men more than women. That is not exactly what happened. In Iceland — as in many countries, including the U. And, to be clear, it was and is legal to pay a man more than a woman, or vice versa, provided there is a valid reason.
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A new law enforcing equal pay between genders came into effect on January 1, , according to Al Jazeera. Under the legislation, firms that employ more than 25 people are obliged to obtain a government certificate demonstrating pay equality, or they will face fines. The Nordic country, home to more than , people, has been ranked the best in the world for gender equality by the World Economic Forum for nine years in a row. The Global Gender Gap Report evaluates gender equality in a country using indicators including economic opportunity, political empowerment, and health and survival. Ms Aradottir Pind added: «I think that now people are starting to realise that this is a systematic problem that we have to tackle with new methods. You can find our Community Guidelines in full here. Please wait Future London. Homeless appeal. The Londoner. The Reader. Matthew d’Ancona. Ayesha Hazarika.
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Related: The ranks of women CEOs got even smaller. Enter your email address Continue Continue Please enter an email address Email address is invalid Fill out this field Email address is invalid Email already exists. You must be logged in to vote. A Turkish archaeologist born iplegalshe became the first Muslim women to compete in the Olympics in the Berlin games as a fencer. Log in. Employers in the Nordic country now have to prove that they pay men and women in the same jobs equally. A Brazilian architect, born in Italy inshe devoted her life to the promotion of the social and cultural potential of architecture and design. Register with your social ixeland or click here to log in.
Iceland has made it very difficult to pay women less than men.
For the latest business news and markets data, please visit CNN Business. Employers in the Nordic country now have to prove kaking they pay men and women in the same jobs equally. If they fail to do so, they risk being fined. Discrimination based on gender is already illegal in many countries — but research shows the legislation is far ,oney effective.
Women are paid less than men in every country in the world illlegal, according to research by the World Economic Forum. Iceland is the first country to take the fight against the gender pay gap a step further, requiring companies to proactively get equal pay certification from the government.
The law came into effect on Monday and applies to all companies and organizations with at least 25 full-time employees. Firms with more than employees will have to get the certification by the end of this year, while smaller companies will follow in the next few years, according to their size. Actress and gender equality campaigner Patricia Arquette tweeted: «Yoo Hoo!! In Iceland it is now Illegal to Pay Women. Yoo Hoo!! Tennis player Billie Jean King added: «Iceland again leading in the equality movement.
A new female Prime Minister, and a Parliament where nearly half of its members are women. Equal representation benefits everyone! Sam Smethers, who campaigns for women’s rights as CEO of the Fawcett Society, said equal pay «isn’t just about what is in women’s interests. Tackling gender inequality and discrimination is good for business and for all of us,» she said.
Related: The ranks of women CEOs got even smaller. The new rules don’t mean that companies must pay everyone doing the same job the exact same salary. Employers still have the option of rewarding their workers based on experience, performance and other aspects.
However, the companies must show that the differences in wages are not due to gender. Iceland has makws at the forefront of fighting gender inequality for years. For the past nine years, it has placed top in the World Economic Forum’s Global Gender Gap Report, which measures differences between men and women in health, economics, politics and education.
But despite the country’s global leadership, Icelandic women were still paid We’re no longer maintaining this page. How long will it take to close the gender pay gap? Personal Finance. CNNMoney Sponsors. SmartAsset Paid Partner. These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: talk to an advisor Answer these questions to find the right financial advisor for you Find CFPs in your area in 5 minutes.
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Iceland has become the first country in the world to make it illegal to pay men icelamd than women. Under the legislation, companies and government agencies with more than 25 employees will be required to obtain government certification for their equal-pay policies. The law came into effect on Monday, the first day mlney the new year.
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The legislation was supported by Iceland’s centre-right coalition government, as well as the opposition, in the country’s parliament, where nearly 50 per cent of members are women. Iceland, which has a strong economy based on tourism and fisheries, has been ranked the best in the world for gender equality by the World Economic Forum for nine years in a row. Holding women back holds our economy. Tackling gender inequality and discrimination is good for business and for all of us. You can find our Community Guidelines in full. Want to discuss real-world problems, be involved in the most engaging discussions and hear from the journalists? Start your Illlegal Premium subscription today. Independent Premium Comments can be posted by members of our membership scheme, Independent Premium. It allows our most engaged readers to debate the big issues, share their own experiences, discuss real-world solutions, and. Our journalists will try to respond by joining the threads when they can to create a true meeting of independent Premium. The most insightful comments on all subjects will be published daily in dedicated articles. You can also choose to be emailed when someone replies to your comment. The existing Open Comments threads will continue to exist for those who do not subscribe to Independent Premium.
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