Iceland Becomes The First Country To Criminalize Unequal Pay Based On Gender

The Logical Indian Crew

January 4th, 2018 / 3:07 PM

Courtesy: Al Jazeera

Iceland becomes the first country to make more pay for men than women illegal. Now, according to their law, both men and women will earn the same amount of money for the same job. The law came into effect from January 1, 2018. This was announced in International Women’s Day on March 8, 2017.


Policy

Under the new policy, any company with at least or more than 25 employees have to get the government certification of their equal-pay policies. The companies that fail to prove equal pay may face fines.

“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, as reported by Al Jazeera.


Wage gap and Iceland

According to the World Economic Forum, the top five best performers in the global gender gap are Iceland, Norway, Finland, Rwanda and Sweden. The World Economic Forum also ranked Iceland as the most gender equal country for the last nine years.

Since 2016, Iceland has closed almost 10% of its wage gap making it one of the fastest-improving countries in the world when it comes to gender equity.


The Logical Indian Take

A 2015 report by McKinsey Global Institute explains how eliminating the wage gap can add between $12 trillion and $28 trillion to global GDP.

If women are not getting paid enough, they lose the little they have in loans and the money needed to run the house. That is a lot of money which the economy isn’t getting back.

As long as the wage gap persists, eradicating poverty will also remain a dream.

Some researchers say that women are more productive and dedicated workers. For them to show the world that they are equally worthy as their male counterparts, they work harder, fight harder.

Facebook COO Sheryl Sandberg said that the pay gap holds women back. It doesn’t exist because women aren’t educated enough; in fact, there are more female college graduates now than ever before. “It is about structural barriers we need to dismantle,” she said.


The Logical Indian appreciates the move and hopes that India and other countries implement it soon.


Contributors

Written by : Poorbita Bagchi

Edited by :

Share your thoughts..

Related Stories

Denmark Passes Law To Ban Burqa & Naqab In Public Places, Becomes 5th European Country To Do So

Iceland Becomes The First Country To Criminalize Unequal Pay Based On Gender

In A First, Pakistan Issues Passport With ‘X’ Gender Category For A Transgender

Sex Offenders Registry

Kerala Becomes First State In Our Country To Launch Sex Offender Registry

India Second-Most Unequal Country Across World

India Is The Second-Most Unequal Country Across The World: Report By New World Health

India Most Unequal Country After Russia, 54 Percent Wealth Controlled By Millionaires

Latest on The Logical Indian

News

Good News: Population Of Ganga River Dolphins Rises To 33 From 22 In 2015

News

Anil Ambani’s Reliance Sues NDTV For 10,000 Cr Over Show On Rafale Deal

Sponsored

A Teacher, Coach & Saviour: This Man Is Transforming Lives Through Basketball

Awareness

How Modi Government Drove India’s Most Profitable Company Under A Mountain Of Debt

News

Kerala Man Living In Saudi Removed From Job For Making Insensitive And Derogatory Remark On Sabarimala Row

News

Bengaluru Man Allegedly Molests 20-Yr-Old IndiGo Flight Attendant On Board, Arrested

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.