Iceland -Data on wage development published -June 13, 2014

Wages have increased 1.9% on average from the previous quarter according to the quarterly wage index in 1st quarter 2014. From the previous year the increase was 5.5% on average, 5.7% in the private sector and 4.9% in the public sector.

Wages have increased 1.9% on average from the previous quarter according to the quarterly wage index in 1st quarter 2014. From the previous year the increase was 5.5% on average, 5.7% in the private sector and 4.9% in the public sector. The annual increase was 5.6% for the central government employees and 4.1% for the local government employees. An agreement between the Confederation of Icelandic Employers and member unions of the Icelandic Confederation of Labour, signed 21 December 2013, stipulated a general wage raise of 2.8% in January 2014.

English: http://www.statice.is/Pages ...   

 

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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