Iceland - Renewal of the labour market model - January 31, 2017

The Minister of Social Affairs and Equal Rights has planned to introduce a brand-new labour market policy based on the Nordic model. He will also present proposed legislation to implement an equal pay standard. The social partners have agreed to review the labour market negotiation model, i.e. the framework for how the negotiating policy and the labour market works. The goal is to create a negotiation framework modelled on the Nordic Model. Work methods used for wage negotiations will be improved. Another aim is to achieve greater purchasing power and economic balance while lowering inflation and interest rates and stabilising the currency. The agreement should also help create balance and calm in the labour market.

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For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Willy De Backer For previous issues of the Collective bargaining newsletter please visit Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at, and on the AIAS at

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