Skarlönun
Skarlönun, also known as "skorlönun" or "skorlönunarsamningur," is a collective bargaining agreement in Icelandic labor law that allows employees to collectively bargain for better wages and working conditions. The term "skarlönun" translates to "wage increase" in English. This agreement is typically negotiated between the Icelandic Confederation of Trade Unions (Samfylkingin) and the Icelandic Employers' Federation (Iðnaðarfélagið).
The process of skarlönun involves the negotiation of a wage increase for all employees in a particular
Skarlönun is an important tool for workers in Iceland to improve their living standards and working conditions.
Skarlönun has been a controversial topic in Iceland, with some arguing that it leads to wage stagnation