Verkalýðssamningar
Verkalýðssamningar, often translated as collective bargaining agreements or labor agreements, are contracts negotiated between employers or employer organizations and labor unions representing workers. These agreements establish the terms and conditions of employment for a defined period. The primary purpose of verkalýðssamningar is to ensure fair treatment and improved working conditions for employees.
Key aspects typically covered in these agreements include wages and salaries, working hours, overtime pay, vacation
Verkalýðssamningar play a crucial role in labor relations by providing a framework for cooperation and conflict