3. April 2019 - News and Notifications
Landsbankinn has received equal pay certification which confirms that its remuneration system complies with the Equal Pay Standard ÍST 85:2012. The key aim of the equal pay certification is to counteract a sex-based wage gap and boost equality of the sexes in the labour market.
Implementation of an equal pay standard at Landsbankinn in fact means that the Bank has enacted a control system which ensures that handling and decisions about wages is based on objective factors, free of gender-based discrimination.
Equal pay certification became a legal requirement in June 2017 and Landsbankinn worked to achieve certification in 2018. Final review of Landsbankinn took place in January 2019 and was carried out by BSI in Iceland, a professional certification body. The Bank has now been certified under the Standard.
Baldur G. Jónsson, HR Manager:
“Landsbankinn has over many years made a point of ensuring that men and women receive equal pay for equally valuable work and enjoy the same job opportunities. Landsbankinn has twice been awarded the golden seal of PwC's Equal Pay Audit and became a member of Capacent’s Equality Indicator last year. It is gratifying for the Bank to receive the legally required equal pay certification as it validates the good work that the Bank has already undertaken to ensure equal pay.”
More about equal pay certification
More about equality at Landsbankinn
News and Notifications - 17 April 2019 03:50 PM
Landsbankinn’s branches and service centres will as usual be closed over the Easter holidays and open again on Tuesday, 23 April. Information about stand-by service for Landsbankinn’s card holders (Visa), travel insurance and SOS emergency assistance is available on the Bank’s website. We remind card holders to notify immediately of lost or stolen cards.
News and Notifications - 17 April 2019 09:52 AM
The Centre of Corporate Governance (CCG) has renewed its recognition of Landsbankinn as a model of corporate governance. The award is organised by the Iceland Chamber of Commerce, Nasdaq OMX Iceland, the Confederation of Icelandic Employers and the CCG at the University of Iceland.
Weekly bulletin - 15 April 2019 10:46 AM
The real exchange rate of the Icelandic króna in March 2019 decreased by 9.8% YoY. Icelandair published traffic data for March. The Government Debt Management Agency published its monthly Market Information report.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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