Iceland becomes first country to make equal pay mandatory for all employers

On International Women's Day on Wednesday, Iceland announced a new law that will require public and private companies to pay employees equally "regardless of gender, ethnicity, sexuality, or nationality," The Associated Press reported. AP noted Iceland seems to be the first country to ever mandate equal pay for even private firms, though it pointed out other countries and U.S. states have "equal-salary certificate policies."
To ensure companies are obeying the mandate, the Icelandic government will require companies with 25 or more employees on staff to get certification proving compliance. The legislation is expected to gain approval from lawmakers, despite some criticism that it's "a burden to put on companies." The Icelandic government is aiming to enact the law by 2020.
Icelandic Equality and Social Affairs Minister Thorsteinn Viglundsson said Wednesday that "the time is right to do something radical about this issue." "Equal rights are human rights. We need to make sure that men and women enjoy equal opportunity in the workplace," Viglundsson said.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Already, Iceland ranks first in the world for gender equality, per the World Economic Forum's measurement, but the new policy is intended to help the Nordic country reach its goal of putting an end to the pay gap by 2022.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect