Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Central Bank of Iceland : No gender-based pay gap at the Central Bank of Iceland

11/25/2020 | 07:57am EST

25 November 2020

The Central Bank of Iceland's gender-based pay gap in 2020 is 1.6% in favour of women, according to the pay analysis conducted in September 2020. The analysis therefore revealed that there is no unexplained gender-based pay gap at the Bank. The Central Bank set for itself the objective of reducing the gender-based pay gap to below 2% by 2020. The Bank employs 145 men and 127 women, reflecting the increased size of the staff following the merger of the Central Bank and the Financial Supervisory Authority at the beginning of 2020.

The Bank was awarded equal pay certification at the beginning of 2019. The Central Bank set for itself the objective of reducing the gender-based pay gap to below 2.5% by 2019. The analysis from 2019 showed that female employees' pay was 1.82% higher than male employees' pay, and that the Bank employed 86 men and 85 women. This small difference was not considered statistically significant, and the results therefore indicated that there was no unexplained gender-based pay gap at the Bank.


Central Bank of Iceland published this content on 25 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2020 12:56:02 UTC

© Publicnow 2020
Latest news "Economy & Forex"
06:27aKuwait's emir reappoints PM to form new cabinet after parliament standoff
06:18aUAE cabinet approves debt strategy to build local currency bond market
06:06aCENTRAL BANK OF UNITED ARAB EMIRATES : CBUAE conducts cyberattack simulation on banking sector to boost the sector resilience
05:45aBiden Team Promises New Look in Trade Policy
05:42aVolkswagen looks to claim damages from suppliers over chip shortages -magazine
05:30aGermany urges Taiwan to help ease auto chip shortage
05:28aKuwait emir reappoints prime minister to form new cabinet, KUNA reports
05:08aCENTRAL BANK OF OMAN : CBO presents the Uncut Sheets of the 6th Series...
03:59aMEDIA-BlackRock among 29 fund managers fail 'fee disclosure' test - FT
03:44aPCBS PALESTINIAN CENTRAL BUREAU OF STATISTICS : The Preliminary Results of the Palestinian Registered External Trade In Goods of November ,11/2020
Latest news "Economy & Forex"