Iceland - Increased gender gap in financial sector - March 31, 2016

As the economy recovered, the gender wage gap increased within the financial institutions. A survey of men’s and women’s salaries within Icelandic finance companies showed the gender wage gap grew between 2013 and 2016. In fact, in 34 of 38 companies, men had considerably higher salaries than women, with a wage difference on average of about 12.9%. While the gender wage gap exists in many sectors of business, it has actually increased within finance companies during this three-year period.

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For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Willy De Backer For previous issues of the Collective bargaining newsletter please visit Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at, and on the AIAS at

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