Gender pay gap was the main reason behind the birth of feminism back in the early 1900s. However, the gender pay gap very much exists and makes it extremely difficult for women to earn as per their work. However, Iceland has made some breakthrough to end the pay gap that has been existing in the society. Iceland has topped the list of World Economic Forum’s Global Gender Gap Index for eight consecutive years, and the country is finally taking steps to end this. A bill in discussion in Iceland has proposed to make it illegal for companies to pay men and women differently. UK firms to publish pay data in bid to eliminate gender gap.

According to the equal pay bill, companies will be questioned on the reason behind the payback in their organisation and failure provide convincing reasons will result in charging of huge fines. The equal pay bill, which was presented in the Parliament on International Women’s Day will make it necessary for organisations with more than 25 employees to have pass audits and receive equal pay certifications. The failure to have these certifications will force the companies to pay fines to the government. Gender pay gap? Most people think men, women paid equally

As per the World Economic Forum’s Global Gender Gap Index report, women in Iceland still earn 14 to 18 % less than the men in the country. The pay gap in the country is highest all over the world as per the report and women have been protesting against this injustice for quite some time now. Women in Iceland held a massive protest against this gender-based pay gap by walking out of the workplaces to march on the streets. This resistance played a key role in the drafting of the equal pay bill in Iceland.

This move by the Nordic country has been widely celebrated by feminist activists all over the world. The equal pay law is considered as a huge milestone in the history of the fight for equal rights all over the world. The United Nations has also applauded the country’s move to make it illegal to pay women less than men. This has given people a ray of hope that other countries may follow the lead and introduce a similar law.