The Scandinavian Model A Blueprint for Reducing Gender Pay Gap

The Scandinavian countries, particularly Iceland and Norway, demonstrate how international policy models can significantly influence pay equity. By implementing robust legislation that mandates equal pay for work of equal value, these nations have made considerable progress towards closing the gender pay gap. Their approach includes transparency in salaries, regular company audits, and heavy penalties for non-compliance, offering a compelling framework for other countries striving to achieve pay equity.