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Iceland

Last updated on 08/10/2024
View all currencies in Icelandic króna (ISK)

Minimum gross wage

438 483 ISK

Salary per category

Unskilled

438 483 to 458 501

Skilled

508 763 to 606 458

Foreman

585 077 to 697 427

Beginners / young workers

395 520 to 421 641

Daily

7,2 to 8 hours
Between 07:00 to 18:00

Weekly

36 to 40 hours

Breaks

Lunch

Between 11:30 and 13:30 : 0,5 to 1 hours
Not part of standard working time
Not paid

Overtime

156 % to 179 % of salary per hour

Evening work

156 % of salary per hour

Night work

179 % of salary per hour

Working on Saturdays

156 % of salary per hour

Working on Sundays

156 % of salary per hour

Working on public holidays

156 % to 215 % of salary per hour

Standby pay

25 % to 60 % of salary per hour

Annual holidays allowance

24 to 30 days

Number of holidays

24 to 30 days per year

Public holidays

11 days per year

Additional social security insurance

4 % of salary

Additional pension funds

2 % of salary

Sickness/illness

30 days paid : 100 %
30 to 60 days : %

Work injuries/accidents

30 days days paid at a 100%
30 to 60 days : different %

Info Contacts

RAFIÐNAÐARSAMBAND ÍSLANDS

STÓRHÖFÐA 31
110 REYKJAVÍK
Tel. +354 5400100

Samiðn - Samband iðnfélaga

STÓRHÖFÐA 31
110 REYKJAVÍK
Tel. +354 5470200

STARFSGREINASAMBAND ÍSLANDS

GUÐRÚNARTÚNI 1
105 REYKJAVÍK
Tel. +354 562 6410