According to Statistics Iceland, the monthly wage index increased by 3.7% in January 2022 from the previous month. The increase can largely be attributed to collective agreements for a large proportion of the labour market. In the last twelve months the monthly wage index has risen by 7.3%. Collective agreements from 2019 and 2020 stipulated a pay rise in January 2022 in the form of a nominal increase of monthly wages aiming to improve wage terms for low wage earners.
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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.
You may find further information on the ETUI at www.etui.org.