Iceland - Equal pay and gender quota - May 31, 2017

The new so-called ‘equal pay law’ requires companies with 25 employees or more to guarantee that male and female employees are being paid the same wages for the same work. While the law was rife with grumblings and objections from some male MPs, it turns out that most citizens support the measure. According to a poll from Market and Media Research, 60.1% of those surveyed were either very supportive (36.3%) or rather supportive (23.8%) of the law. By contrast, only 20.8% were either rather against (8.4%) or very against (12.4%) it, with the remaining 19.2% decidedly neutral on the subject. However, another gender issue is still not satisfactory solved. The number of women sitting on corporate boards, or holding executive positions failed to increase between 2016-2017. Currently women make up 25.9% of board members. In 2013, a law was passed mandating all companies with 50 or more employees to have at least 40% of its board members female. The number of female executive effectively stood still during the period, increasing from 21.9% to 22.1%. There are no penalties for companies that fail to meet the gender quota

English: https://grapevine.is/news/2017/05/23/no-increase-in-number-of-female-board …   

https://grapevine.is/mag/articles/2017/05/05/poll-most-icelanders-support-equal-pay-law/

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. 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 www.etui.org, and on the AIAS at www.uva-aias.net.

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