Strike Support Surges after Board’s Wage Increase Skip to content

Strike Support Surges after Board’s Wage Increase

By Iceland Review

The vote among members of the Federation of General and Special Workers in Iceland (SGS) on whether or not to participate in strikes, which ends at midnight tonight, surged after news that board members of HB Grandi seafood company received a 33 percent wage increase, reports.

The salary of board members increased from ISK 150,000 (USD 1,100, EUR 1,023) per month to ISK 200,000.

Rannveig Rist, member of the board and managing director of Rio Tinto Alcan Iceland, declined the wage increase but chairman of the board Kristján Loftsson said he would not, adding that Rannveig’s decision would have no impact on their cooperation, Kjarninn reports.

Many of SGS’ members work in fisheries, including at HB Grandi’s Akranes plant in West Iceland.

Director of SGS Drífa Snædal says many members were insulted by the wage increase. “This is like fuel on fire in terms of the wage dispute. People are completely insulted,” she said.

Workers have been offered a reported 3.3 percent wage increase.

SGS is asking for the minimum salary to be increased from ISK 214,000 to ISK 300,000 (USD 2,200, EUR 2,050), a 40 percent increase, before the end of 2017, Fréttatíminn reports.

HB Grandi reported a profit of ISK 5 billion (EUR 36 million, USD 36.6 million) last year.

If members vote in favor, strikes will begin in late April and continue in May. The strike is expected to affect up to 116 companies.

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