Federation of Workers Demands Higher Salaries Skip to content

Federation of Workers Demands Higher Salaries

By Iceland Review

In a meeting with the Confederation of Icelandic Employers (SA) yesterday, the Federation of General and Special Workers in Iceland (SGS) demanded that salaries in Iceland increase by four percent on average as of January 1, 2008, and another four percent one year later.

SGS demands that all monthly salaries of SGS members be increased by ISK 20,000 (USD 319, EUR 217) on January 1, 2008, and by an additional monthly sum of ISK 15,000 (USD 240, EUR 163) on January 1, 2009, as stated on SGS’ website.

SGS also suggested the minimum monthly standard wage be increased to ISK 150,000 (USD 2,400, EUR 1,600), up from ISK 125,000 (USD 2,000, EUR 1,400), next January 1, and to ISK 165,000 (USD 2,600, EUR 1,800) one year later.

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