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LEARN MOREThis Country Could Be The First To Outlaw The Gender Pay Gap
Iceland is working on legislation to make sure men and women are paid equally by 2022.
This Country Could Be The First To Outlaw The Gender Pay Gap
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March 9, 2017
Iceland looks like it will be the first country to officially outlaw the gender wage gap.
The island nation is working on a law that would ensure all companies with 25 or more employees pay women as much as men by 2022.
The bill would require employers to certify they pay men and women the same amount every three years. It's expected to get broad support in Parliament.
This cements Iceland's status as one of the best places on earth to be a woman in the workforce. But Prime Minister Bjarni Benediktsson says Iceland isn't done striving for equality.
"Yes, we may rank No. 1 in the world at the moment, but the job is not done still," Benediktsson said at a HeForShe panel discussion.
Multiple evaluations ranked Iceland as the No. 1 country in the world for gender parity, but it still has a pay gap estimated at 14-18 percent.
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