Novo Nordisk now pays women more than men, according to a recent analysis by Deloitte, highlighting a significant shift in wage equality. The study, which examined 21 of the 25 most traded companies in Denmark, revealed that women at Novo Nordisk earn three percent more than their male counterparts across all job levels, titles, and geographic locations.
This contrasts sharply with the national average, where Danish women typically earn 12.3 percent less than men, according to Statistics Denmark.
The pharmaceutical company attributes this achievement to its policy of reviewing salaries every three months. This practice ensures that employees receive fair compensation regardless of background, gender, or ethnicity, as long as they hold similar roles and responsibilities.
In other business news, a surge in fraud targeting the elderly has been reported, with criminals impersonating bank officials to deceive victims. Margrethe Vestager predicts a “golden age” for Europe, spurred by the need for reforms in response to strained relations with the USA. Meanwhile, a dissatisfied shareholder is attempting to block a bank merger, and the USA has doubled tariffs on steel and aluminum. Finally, the story of a Danish industrial giant that was split into multiple entities, now valued at 30 billion, is explored.