On 22 January 2016, a new collective wage agreement between VR and the Icelandic Federation of Trade was signed. The agreement is virtually unanimous with the collective wage agreement that was signed between the member organizations of the Icelandic Federation of Labor and SA yesterday and provides for the same wage changes.
The agreement was approved by 91,59% of the votes cast in the ballot which ended on 24 February 2016. The agreement and pay scales can be viewed below.
- VR and FA wage term agreement 2016 (In Icelandic only)