What are the wages?
What are the wages of members of FÍN? Are my wages comparable?
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Mynd: Ernir Eyjólfsson/Mbl.is
The union regularly compiles data on wages and salary development of its members. The union also conducts wage surveys among its members in collaboration with other unions of BHM.
Overview
Statistics Iceland
On the website of Statistics Iceland you can find salaries of full-time employees in the general market and gender. In an article (in Icelandic) from Statistics Iceland that show indication of correlation between higher education level and higher salaries in the labour market.
Table of ,,Regular total wages of full-time workers in the general market by occupation and sex":
| 2018 |
Lower quarter limits |
Median |
Avarage |
Upper quarter limits |
|---|---|---|---|---|
| Specialist job (men) | 752.000 ISK | 877.000 ISK | 947.000 ISK | 1.075.000 ISK |
| Specialist job (women) | 670.000 ISK | 820.000 ISK | 868.000 ISK | 976.000 ISK |
| Specialist job (all) | 717.000 ISK | 858.000 ISK | 918.000 ISK | 1.039.000 ISK |
Sources: Statistics Iceland
Ministry of Finance
On the website of the Government of Iceland, you can find out the average wages of government employees.
Table of average
daily and total wages of government employees in FÍN:
| 2019 |
Daily wages |
Total wages |
June 2018 | Daily wages | Total wages |
|---|---|---|---|---|---|
| Men | 632.680 ISK | 769.124 ISK | Men | 625.320 ISK | 735.711 ISK |
| Women | 605.921 ISK | 703.564 ISK | Women | 582.978 ISK | 652.582 ISK |
| Total | 618.116 ISK | 733.463 ISK | Total | 602.112 ISK | 690.149 ISK |
Sources: Prime Minister´s office
City of Reykjavík
Table of average daily and total wages of FÍN member employed by City of Reykjavík
| September 2018 | Daily wages | Total wages |
|---|---|---|
| All | 541.401 ISK | 706.381 ISK |
In the years 2013-2016, BHM organized a remuneration survey among the members of the BHM affiliates and FÍN participated in this project. Please note that the surveys are in Icelandic and have not been translated by FÍN.
Remuneration surveys 2016
The Icelandic Confederation of University Graduates (BHM) has now published the survey from Maskína for Payroll Information for 2015. Results were presented at a meeting with member unions of BHM on June 20, 2016. Below are results from these surveys:
Remuneration surveys 2015
The Icelandic Confederation of University Graduates (BHM) conducted a remuneration survey among the members of the BHM affiliates and the results were presented at a meeting on August 28. Below are the results of these surveys:
- BHM Remuneration survey 2015 - All affiliates of BHM
- BHM Remuneration survey 2015 - Members of FÍN *
* p. 85 contains information on the salaries of members of the public market. P. 84 contains information on the salaries of members who work for the municipals, p.83 contains information on the salaries of members who work for the City of Reykjavik and p. 82 contains information on the salaries of government employees.
Remuneration survey 2014
The Icelandic Confederation of University Graduates (BHM) conducted a remuneration survey among the members of the BHM affiliates and the results were presented the 5th of September 2014 at a press conference. Below are the results of these surveys:
Remuneration survey 2013
The Icelandic Confederation of University Graduates (BHM) conducted a remuneration survey among the members of the BHM affiliates and the results were presented on the 26th of August 2013 at a press conference. Below are the results of these surveys:
Labor parties reports
The social partners have published a report on wage developments and the economic environment, which is intended to be an important contribution to the forthcoming wage negotiations, as it traces the wage development of recent years and seeks to shed light on the economic environment in the coming quarters. The analysis is made on the basis of the Collaborative Committee on Salary Information and the Economic Conditions of wage agreements (SALEK). See more.
The social partners have published a report on the labor market and the organization of wage agreements in Denmark, Norway, Sweden and Finland. The purpose of the audit is to look for role models in neighboring Iceland that can be useful in improving working methods in wage agreements in Iceland so that they contribute to stable prices, increased purchasing power and the competitiveness of the economy. See more.