Over the past year, ÞG Verk has been working to implement the equal pay standard ÍST85.
The equal pay system was certified by Versa Vottun this autumn and the certification has been confirmed by the Gender Equality Agency.
Formal delivery of a certification for the equal pay system to ÞG Verk was on Thursday, October 7, 2021.
On the picture above is Birna Dís Eiðsdóttir og Gná Gujónsdóttir from Versavottun, Þorvaldur Gissurarson, Emma Ingibjörg Valsdóttir, Örn Tryggvi Johnsen and Bergur Helgason fom ÞG Verk.
ÞG Verks’ equal pay policy
The purpose and goal of ÞG Verk’s equal pay policy is to promote gender equality in accordance with the Act on Equal Status and Gender Equality no. 150/2020, including that comparable salaries are paid for the same or equivalent jobs, so that there is no gender pay gap at ÞG Verk. ÞG Verk’s equal pay policy covers all employees
The equal pay policy and its implementation is an integral part of the company’s equality and wage policy. The company’s senior management undertakes to implement it, but the ultimate responsibility lies with the company’s CEO.
ÞG Verk undertakes to:
- Follow legal requirements and rules on wages, benefits and equality
- Perform a wage analysis annually
- Maintain an educational and qualification list of company employees
- Respond to relevant comments on the pay gap.
- Carry out a regular internal audit of the company’s equal pay system
- Have a neutral external party conduct external audits at least once a year
- Introduce employees to the equal pay policy
- Make the equal pay policy accessible to the public by publishing it on the company’s website.
- Reassess and refine the equal pay system as a whole through internal audits and reviews
More details on ÞG Verks’ equal pay policy and Gender Equality Plan: https://tgverk.is/en/equality-plan-and-equal-pay-policy/