Women to receive same pay with men in Iceland
A new law introduced into the constitution of Iceland in March has made it illegal to pay women lesser for the same job done by men. The law states that the two genders be paid equally for the same job.
The new law took effect just as we entered into the new year, Al Jazeera reports.
This been said, Iceland has now emerged the first country in the world that has lawfully required that all companies with 25 employees or more should prove that they pay women and men equally.
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In a bid to enforce the law, companies will have to go through certification every three years to ensure that their payment policies follow the rules. Those that fail to prove pay parity will face fines.
The Icelandic law has stood out over the years such that it has greatly emphasized the concept of fair pay for all.
In the United States of America, it has also become technically illegal for a company to discriminate based on gender, but then, the pay equity has not been enforced in a meaningful way.
That is why it was reportedly said that women who work full-time, year round, on average still make just 80% of what men do—and the gender pay gap hasn’t closed in any significant way in nine years.