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Iceland a step closer to equal pay

A new voluntary equal pay standard is bringing Iceland one step closer to equal pay and cements Iceland’s leadership when it comes to gender equality.
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Thorsteinn Víglundsson

is the Director General for the Confederation of Icelandic Employers (SA).  

Iceland and gender equality
  • Iceland’s women are highly educated and the employment level is high - nearly as high as among Icelandic men. 
  • The number of women in part-time work is average for the EU.
  • Women are considerably underrepresented in leadership positions in Icelandic business.
  • Women are paid 20 percent less according to the EU’s Gender pay gap.
  • Iceland introduced gender quotas for companies in 2013, and around one in three boardroom members in major companies are now women - twice the EU average. 
  • The first voluntary Icelandic equal pay standard has been developed by the trade unions and businesses together with the authorities. 
  • The number of women in top leadership positions is lower than the EU average.
  • Improvements to parental leave legislation earmarks five months to fathers.

Source: Eurostat and more 

ölgerdin Gender and beer

The Ölgerdin brewery was the tenth Icelandic company to get a certificate to prove they have a gender neutral pay policy. Photo: Ölgerdin

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