verklögum
Verklögum is a term originating from Icelandic that translates roughly to "work laws" or "labor legislation." It encompasses the body of laws, regulations, and legal principles that govern the relationship between employers and employees within Iceland. This includes aspects such as employment contracts, working hours, wages, health and safety in the workplace, and the rights and responsibilities of both parties. The purpose of verklögum is to ensure fair treatment, protect workers' rights, and promote a stable and productive labor market.
The framework of verklögum is established through various legislative acts passed by the Althing, Iceland's parliament.