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Industry news: Global

How Iceland tackled the gender pay gap

07 November 2018   (0 Comments)

Iceland's approach to the gender pay gap is being lauded by campaigners. 

Since the beginning of 2018, every company with 25 or more staff must gain certification from an accredited regulator proving they pay women and men equally.

Companies with between 25 and 90 employees have until the end of 2021 to prove their pay structure is equal. If they fail to meet equal pay standards they will face a daily fine of £350 and public shame.

By 2022, it is anticipated that the country’s gender pay gap will be closed.

 

Read more on CMI News > 

 


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