Iceland -Wage index and real wages -April 23, 2013

The statistical office has published updated figures related to the wage development. The real wage index in March 2013 is 113.7 points, 1.1% higher than in the previous month. In the last twelve months the real wage index has increased by 1.5%. Some wage increases are part of collective agreements signed in 2011 that stipulate a general wage rise of 3.25% in March 2013. Also the 2011 agreement between the Association of Local Authorities and Municipal Employees stipulates a general increase in wages tables, from March 2013.

English: http://www.statice.is/Pages/444?NewsID=9474

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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