Fagfélag

Fagfélag is an Icelandic term that translates to "professional association" or "trade union." It refers to an organization composed of individuals who share a common profession, trade, or industry. These associations are established to represent the interests of their members, promote professional development, and advocate for improved working conditions and rights within their respective fields.

The primary functions of a fagfélag typically include collective bargaining with employers on behalf of its members, negotiating wages, benefits, and working hours. They also play a crucial role in setting professional standards, offering training and educational opportunities, and providing legal support or advice to their members. Furthermore, fagfélög often engage in lobbying efforts to influence legislation and policy that affects their industry and its workers.

Membership in a fagfélag is usually voluntary, though in some sectors, it may be a common practice or even a requirement for employment. These organizations are a cornerstone of the labor market in Iceland, contributing to a structured and regulated environment for both employees and employers. They aim to foster a sense of community and mutual support among professionals in similar occupations. The specific goals and activities of a fagfélag can vary widely depending on the profession it represents and the current economic and social climate.