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Calculating the Gender Pay Gap

Iceland has taken a new approach to closing the gender pay gap.  After a protest from the women in Iceland where they all walked off work at 2:38 to reflect the difference between what they were being paid versus men the Icelandic government decided to act.  From the 1 January 2018, all companies need to close the gender pay gap, and they have created a mathematical tool for businesses to calculate the size of the gap by role type.  The BBC has done a short video with a few great examples of where this calculator has shown that women, and in a few cases men, were not paid the same.  A great example of governments working to close the gap.

Comments by Mary Sue Rogers

Posted On : 10-10-17

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