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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

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Icelandic women strike for parity in what is the world’s most gender equal society: ‘There is still a long way to go’

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Ragnhildur Sigurdardottir
Ragnhildur Sigurdardottir
and
Bloomberg
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By
Ragnhildur Sigurdardottir
Ragnhildur Sigurdardottir
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Bloomberg
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October 24, 2023, 3:07 PM ET
People across Iceland gather during the women's strike in Reykjavik, Iceland on Oct. 24, 2023.
People across Iceland gather during the women's strike in Reykjavik, Iceland on Oct. 24, 2023.Arni Torfason—AP Images

The prime minister joined other women in Iceland on a strike to call attention to the remaining inequalities in their society even though the country ranks highest globally in terms of gender parity.

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The protest, in which women are encouraged to stop working for a full day, is intended to highlight challenges including a gender pay gap, the uneven burden of unpaid work within the home and violence that still afflicts women disproportionately.

The day has echoes back to 1975, when 90% of the island’s female workforce first walked out of their jobs and handed children to their fathers for an eye-opening demonstration of the importance of their work, both paid and unpaid.

Tuesday’s demonstrations, organized by 45 unions and organizations, are expected to prompt a large part of the female work force to take the day off. Even the country’s prime minister, Katrin Jakobsdottir, plans to take part.

Iceland is the most gender equal country in the world based on economic opportunities, educational attainment, health care outcomes and political leadership, according to the World Economic Forum, a title it’s held onto for the past 14 years. It has closed 91.2% of its gender gap according to the forum’s Global Gender Gap Index, where 100% denotes full parity, and compares with about 75% for the US. 

“That’s led many to feel that equality has been reached,” said Sonja Ýr Thorbergsdottir, who runs public sector federation of labor unions BSRB. “That’s very far from the truth. There is still a long way to go,” she said, with 40% of women subject to violence at some point in their lives and with women’s median incomes on average 21% lower than men’s.

“Do you call this equality?” the slogan of Tuesday’s demonstration asks.

The main reason for the gender disparity in Iceland, according to Thorbergsdottir, is line of work, with female dominated sectors offering lower salaries. Another problem is that women bear more of the burden at home, including the mental load. 

“It isn’t women’s choice to work fewer hours than men,” she said. “It’s because they do more unpaid work.”

For many Icelandic businesses, the day means a loss of earnings with female workers gone and most child care facilities shut. The country’s biggest workplace, the National University Hospital, with 80% female staff, has pushed back operations and is running on minimum staffing.

Not all women are unequivocally in favor of the protest. Sigridur Margret Oddsdottir, the first woman to run SA Confederation of Icelandic Enterprise, says she supports the cause but questioned stopping the Icelandic economy for an entire day. Instead, she encouraged making arrangements with managers to ensure the economy would not be brought to a halt.

“We know that if women walk out of all jobs without consulting their managers it will have a huge effect on Icelandic society,” she said.

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