Collective Agreement Iceland 2019

14. September 2021    

In addition, wage increases are partly linked to the evolution of economic growth and are based on an annual revision of wage rates in the light of wage developments in the regular labour market. Orlof for 2019 (50,000) and a one-off payment at the beginning of the new agreement (26,000) should be paid by 2 May at the latest. One of the key themes of this ongoing conflict has been the concept of democracy for employment; that workers have a greater say in determining their working conditions and benefits. . . .