A comparison of wages by the OECD shows that in Iceland, wages are the second highest, after the US. The report states that an international comparison of the average real wages (i. e. expressed in terms of purchasing power) of all fully employed people in the labour market is a good indicator of a country’s welfare. Last year, the average annual wages in Iceland amounted to the equivalent of €58,400.
Read on: in English.
For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
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