Iceland - fines for pay gap

"Iceland began the new year by becoming the first country in the world to mandate that all its companies must pay men and women equally. Following years of passing legislation promoting equal pay, employers that fail to ensure pay parity will now be subject to fines, thanks to a law passed last spring that went into effect Monday. "We have had legislation saying that pay should be equal for men and women for decades now but we still have a pay gap," Dagny Osk Aradottir Pind of the Icelandic Women's Rights Association told *Al Jazeera.* "We have managed to raise awareness, and we have managed to get to the point that people realize that the legislation we have had in place is not working, and we need to do something more." "Under the new law, companies that employ more than 25 people will have to prove to the government that they're paying men and women equally. Officials hope the move will help Iceland to completely close its gender wage gap by 2020...." https://www.commondreams.org/news/2018/01/02/iceland-becomes-first-country-punish-companies-paying-women-less-men ~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~