Fisheries Companies Reward Staff for Good Year Skip to content

Fisheries Companies Reward Staff for Good Year

By Iceland Review

The executives of the fisheries company Síldarvinnslan in Neskaupstaður, east Iceland, has decided to pay out ISK 300,000 (USD 2,500, EUR 1,900) in Christmas bonuses to their employees on December 15 in addition to the ISK 60,000 (USD 497, EUR 377) bonus payment they have already received.


Icelandic cod. Copyright: Icelandic Photo Agency.

This was announced to the company’s staff in a letter from managing director Gunnþór Ingvason received yesterday, Morgunblaðið reports.

At Síldarvinnslan 60,000 tons of fish has been processed in the company’s pelagic fish plant this year and most of the herring and mackerel has gone to human consumption.

Meanwhile 76,000 tons of products have gone through the company’s freezing storages and 154,000 tons have been used for the production of fish meal and fish liver oil.

“The employees of Síldarvinnslan can be proud of the success they have achieved in the creation of revenue through the company’s fishing quota,” Gunnþór wrote.

Earlier this month reported that employees working on fish processing for Samherji in north Iceland, which number 450, would receive ISK 300,000 in bonus on top of the agreed ISK 64,000 Christmas bonus.

Samherji’s executives also decided to double their employees’ holiday bonus in May and have therefore paid ISK 360,000 to each staff member in excess of what was determined in wage contracts this year.

“The company’s operations have gone well and employees have delivered exceptionally good work,” CEO of Samherji Þorsteinn Már Baldvinsson said on the company’s website.

The company’s employees increased by 150 this year through the acquisition of Útgerðarfélag Akureyringa.


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