In a world first, Iceland
recently proposed a bill to mandate equal pay in both the public and private sectors, regardless of gender, ethnicity, sexuality, or nationality.
If it passes — and many officials believe it will — the law would require companies to issue regular staff surveys to reveal any lingering disparities between people's salaries.
The most talked-about aspect of the law is its proposed effects on Iceland's gender wage gap. Unlike the other Nordic nations,
Iceland's gap of 17% (the
same as the US) falls above the OECD average of 15%. Most Nordic countries sit comfortably below.
The country hopes...Read details...
This law has an eye out for any disparities between people's salaries.
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