A new short-term agreement has been reached between the trade union SGS and SA, the Federation of Icelandic Employers. The agreement was reached between 17 of SGS’s member organisations and SA. Rising interest rates have complicated wage negotiations between many trade unions and SA, with short-term contracts seen as a compromise to cope with the immediate impact of inflation and interest rates, without locking unions and employers into longer-term contracts that may not be suited to economic conditions in the traditional three-year period. The agreement will be valid from November 2022 until the end of January 2024. It includes a flat minimum raise, as well as more holidays and adjustments for inflation.
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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.