Collective Wage Agreements

Collective wage agreements are agreements between a trade union and an employer or their associations on wages and benefits.

Here are collective wage agreements between FÍN and counterparties. Please note that all agreements are in Icelandic and have not been translated by FÍN.

  Government

Collective wage agreements and other agreements   Validity date/date of signing
  Collective agreement 28 February 2018
-Verdict of arbitration (all the verdict)  
14 August 2015
   - Agreement to amend the educational provision of the arbitration panel 16 January 2017
  - Agreement to amend the collective agreement 20 June 2014
  - Agreement to amend the collective agreement 11 February 2013
  - Agreement to amend and extend the collective agreement  6 June 2011
  - Annex to the agreement on amendment and extension of the collective agreement  6 June 2011
  - Agreement to amend and extend the collective agreement  28 June 2008
  - Agreement to amend the collective agreement  18 March 2005
  - Collective agreement  1 July 2001 - 30 Nov. 2004

Current pay-scale from FÍN collective agreement with the Minister of Finance on behalf of the Treasury.

Institutional agreement of FÍN with the Minister of Finance on behalf of the Treasury.

 Municipals

 Collective wage agreements and other agreements  Validity date/date of signing 

 Agreement to amend and extend the collective agreement

- Calculation (locked, password available at FÍN office or by email fin@bhm.is)

1 September 2015 - 31 March 2019
 Agreement to extend the collective agreement  1 March 2014 - 31 August 2015
 The results of prerequisite committee  13 February 2013
 Collective agreement  1 May 2011 - 31 March 2014
Current pay-scale from FÍN collective agreement with the Icelandic Association of Local Authorities (Samband íslenskra sveitarfélaga).  

City of Reykjavík

Collective wage agreement    Validity
Agreement to extend the collective agreement  1 September 2015 - 31 March 2019
 Agreement to extend the collective agreement  1 April 2014 - 31 August 2015
 Agreement  1 August 2013
 Conclusion of the prerequisite committee  18 February 2013
 Collective agreement  1 May 2011 - 31 March 2014
Current pay-scale from FÍN collective agreement with the city of Reykjavik.

Public Labour

Collective wage agreements
 Validity
SA Confederation of Icelandic Enterprise

  - Agreement of BHM and SA
 1 October 2017

  25 November 2016

  RARIK ohf.

  - Valid agreement extended until

 1 June 2011 - 31 January 2014

 31 December 2018

 Orkuveita Reykjavíkur
  1 January 2002

Collective agreements based on government agreement / private institution

Educational- and knowledge institution Validity
 Fræðslumiðstöð Vestfjarða
 Þekkingasetur Þingeyinga  
Health supervision  Validity
 Heilbrigðiseftirlit Austurlands
Agriculture and Forestry Validity
 Búnaðarsambönd*
 Bændasamtök Islands  
 Skógræktarfélag Íslands
 Ráðgjafarmiðstöð landbúnaðarins 28.06.2013
* 1 May 2008 FÍN took over the Collective Wage Agreement of Búnaðarsambandið when members of Hagsmunafélagi Ráðunauta joined FÍN as one group.  
Nature Research Centre Validity from:
Náttúrustofa Suðurlands    31.05.2008
Náttúrustofa Suðausturlands  01.08.2013
Náttúrustofa Suðvesturlands  07.12.2007
Náttúrustofa Vestfjarða  01.01.2006
Náttúrustofa Austurlands  01.01.2006
Náttúrustofa Norðausturlands  21.09.2006
Other institutions   Validity from:
Krabbameinsfélag Íslands  08.11.2001
Current pay-scale from FÍN collective agreement with the Minister of Finance on behalf of the Treasury.

Additional details

Act on Collective Wage Agreements and other agreements

All texts are in Icelandic and have not been translated by FÍN

  • The Public labour market negotiates on the basis of Act nr. 94/1986 on public employee collective agreement.
  • The General labour market negotiates on the basis of Act nr. 80/1938 on trade unions and labor disputes.
  • Act on employee´s remuneration and compulsory pension insurance (Remuneration Act) nr. 55/1980  include Collective Wage Agreements are minimum terms, cf. article 1 of the Act.
  • Act nr. 70/1996 on rights and obligations for employers of the Government.
  • Agreement on rights and obligations for employers of the City of Reykjavik.

Older collective wage agreements

All texts are in Icelandic and have not been translated by FÍN