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Money

Unions Criticize MPs’ Pay Raise

The decision of the Icelandic Wage Council to increase the pay of elected officials by up to 44 percent this month has been harshly criticized by a number of people.

fishermen at work

Fishermen Negotiate Wages

Fishermen and owners of fishing companies convene at the office of the state mediator this afternoon for wage negotiations.

October 24, 2016.

Women’s Day Off Well Attended

Thousands of people, mostly women, convened on Austurvöllur square at 3:15 pm today to demand equal pay for women and men for the same kind of work.

Reykjavík with Hallgrímskirkja in the background

Unions Strike a Deal with State

An agreement was reached at about 5:00 am between the State and SFR Union of Public Workers, the Union of Nurses’ Aides and the Police Federation of Iceland.

Geysir geothermal area.

Some Employees Underpaid in Tourism

A union leader in Akureyri, North Iceland, claims that last summer, dozens of cases came to his attention involving employees in the tourism industry being underpaid.

Money - Icelandic Króna

Optimism and Upswing in All Sectors

Business directors’ assessment of the current employment situation is similar to what it was at the beginning of the financial boom in 2004, and their forecast for the next six months is better than what it was during the boom, between 2004 and 2007.

Reykjavík

Nurses in Iceland Sign New Wage Contract

Representatives of the Icelandic Nurses’ Association and the Icelandic state signed a new wage contract late last night—after 13 hours of talks—including an 18.6 percent salary increase in four years. Nurses will vote on the new agreement by July 15.

Doctors

Resignations among Nurses in Iceland Reach 158

A total of 189 healthcare professionals, among them 158 nurses, have resigned at Landspítali National University Hospital since a bill was passed to stop the strike of nurses on June 13. Twenty percent, or 88 of the resignations, are among nurses working at the hospital’s operations ward. If...

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