Iceland became the first country, to make their companies responsible for equal pay between men and women last year.
Lets first understand what equal pay is:
Equal pay means paying an equal amount of salary to men and women of the same position in the organization. This has been a common practice for Iceland, UK, and many other countries for decades. While other countries focus more on gender pay, even if their employees are in the same position, Iceland has put the onus(duty) on the employers to check whether their employees from the same position are getting paid equally or not.
The country which has a population of approx 350,000 has been long ranked as the worlds best country for equal pay.
Gender pay gaps can be seen in almost every country. When a survey was done, the pay gap between men and women is about 13% (Men earning more than women) across the EU and 35 other countries. The highest pay gap can be seen in Korea with 34%, whereas the lowest pay gap is in Romania with only 1.5%.
This shows that gender equality in the workplace is yet to be achieved in many countries.
Source: https://www.bbc.com/news/business-47212342
Lets first understand what equal pay is:
Equal pay means paying an equal amount of salary to men and women of the same position in the organization. This has been a common practice for Iceland, UK, and many other countries for decades. While other countries focus more on gender pay, even if their employees are in the same position, Iceland has put the onus(duty) on the employers to check whether their employees from the same position are getting paid equally or not.
The country which has a population of approx 350,000 has been long ranked as the worlds best country for equal pay.
Gender pay gaps can be seen in almost every country. When a survey was done, the pay gap between men and women is about 13% (Men earning more than women) across the EU and 35 other countries. The highest pay gap can be seen in Korea with 34%, whereas the lowest pay gap is in Romania with only 1.5%.
This shows that gender equality in the workplace is yet to be achieved in many countries.
Source: https://www.bbc.com/news/business-47212342
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