Back in March, Iceland introduced legislation that made it illegal to pay men more than women for the same job. With the start of the New Year, the new law has gone into effect, per Al Jazeera. Now, the island Nordic country is the first in the world to legally require all companies with 25 employees or more to prove that they pay women and men equally. Companies will have to undergo certification every three years to ensure that their pay policies follow the rules. Those that fail to prove pay parity will face fines.

Back in March, Iceland introduced legislation that made it illegal to pay men more than women for the same job. With the start of the New Year, the new law has gone into effect, per Al Jazeera. Now, the island Nordic country is the first in the world to legally require all companies with 25 employees or more to prove that they pay women and men equally. Companies will have to undergo certification every three years to ensure that their pay policies follow the rules. Those that fail to prove pay parity will face fines.