Equal pay policy

Laugar ehf. has implemented an equal pay system in accordance with ÍST 85:2012 under Article 7 of Act No. 150/2020 on equal pay certification, covering all staff, with this equal pay policy as its basis. The purpose of the equal pay system is to ensure equality and equal status of genders within Laugar ehf., with the aim of making full use of staff's skills, strengths and knowledge without gender-based discrimination.

This equality plan reminds management and all staff of the importance of everyone being equal and of valuing the wealth that lies in individuals' education, experience and skills, regardless of gender.

The World Class equal pay policy is to follow collective agreements.

It is important to follow the principle that everyone enjoys the same opportunities:

  • pay is set in the same way for the same, comparable or equally valuable work
  • staff have the same opportunities for education/continuing education/lifelong learning/courses
  • people of all genders are welcome to apply for jobs with us
  • we find ways to balance family and working life
  • we do not tolerate violence; this includes gender-based/sexual violence/harassment

The equal pay system is continuously improved and monitored. Any deviations are addressed.

The equal pay system sets out equal pay targets, which are reviewed and revised according to the relevant procedures.

The equal pay system is documented on the World Class intranet.

The equal pay policy is available to all staff on the World Class intranet.

The equal pay policy is available to the public on the World Class website.

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