The membership fee to VR is 0,7% of wages. Everyone who pays this has a right to assistance from the Employment Terms Department and to sick leave pay from the first month.
Collective Wage Agreement
Collective wage agreements ensure minimum terms for all employees unless special terms or company agreements are negotiated.
Here you can find an overview of wage rates, wages for after-hours and overtime and information about December and holiday bonuses.
The holiday year is from 1 May to 30 April and the holiday period is from 2 May to 15 September.
Sickness leave rights
If an employee falls ill and cannot attend work, he must report this to his superior.
According to an agreement between parties in the work market, the employer is under obligation to confirm the employment relationship with the employee in writing, if he is employed for longer than one month.
Notice period for termination
It is important that you know your rights when it comes to termination, regardless of whether you resign or receive a letter of termination.
In the work market
Information for young people, older members, employment seekers, wage payers and more.
Wellbeing at work
You have a right to feel at ease when at work. A good working environment promotes increased wellbeing in the workplace as well as good morale.
Know Your Rights
In Iceland, everyone is entitled to a fair wage, days off and holiday time, and that collective wage agreements are complied with – irrespective of nationality and origin. We fight for your wage terms and wish to help you to know your rights.