Iceland: First country to implement a law on equal pay
Author: Al Jazeera, Published on: 3 January 2018
" Iceland becomes first country to legalise equal pay ", 1 Jan 2018
A new law making it illegal to pay men more than women has taken effect in Iceland [on Jan 1st 2018].The legislation... makes Iceland the first country in the world to legalise equal pay between men and women.
...[C]ompanies and government agencies employing at least 25 people will have to obtain government certification of their equal-pay policies. Those that fail to prove pay parity will face fines.
...The Icelandic government plans to completely eradicate the wage gap by 2020.
According to the latest [World Economic Forum] report, the top five best performers in the global gender gap are Iceland, Norway, Finland, Rwanda and Sweden.