The wage index in January 2014 is 468.5 points, 1.0% higher than in the previous month. In the last twelve months the monthly wage index has risen by 6.7%. Real wages were 1.7% higher than in the previous month. In the last twelve months the real wage index has increased by 3.4%. An agreement between the Confederation of Icelandic Employers and some member unions of the Icelandic Confederation of Labour, signed 21 December 2013, stipulates a general wage raise of 2.8% in January 2014.
English: http://www.statice.is/Pages/444 ...
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.