Remuneration
Information on basic pay, minimum wages, bonuses, employee benefits and rules concerning the payment of wages.
Iceland :: Basic pay and bonuses
There is no statutory minimum wage in Iceland, however, collective agreements set minimum pay rates for each economic sector …
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Iceland :: Payment of wages
The normal practice is for employees to be paid on the first workday of each calendar month although in some sectors they may be paid on a weekly or bi-weekly basis …
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