Since August 2020 Oliudreifing has received a formal equal pay certification and a permit to use the Equal Pay Label until the year 2023. The main objective of equal pay certification is to combat gender-based wage differentials and promote gender equality within the workforce. This is therefore an important confirmation that the procedure for deciding wages at Oliudreifing is based on objective considerations and does not involve gender-based discrimination.
The Gender Equality Certification standard was passed as a law in 2017 and came into effect in 2018. All Icelandic companies with 25 employees or more, are subjected to this legislation and have to pass a rigorous auditing scheme. Once the certification has been obtained, companies are audited annually as is required to maintain the certification.