The average work week is 35 – 36 hours, including lunch time and breaks. Iceland has high labour market participation rates and low rates of unemployment. Iceland is known for having strong collective bargaining agreements based on traditions for unions and worker’s rights.
For more information on workers‘ rights you can visit Work in Iceland and The Icelandic Confederation of Labour‘s website.
All workers pay into a collective pension fund. Workers also make membership payments to unions, enabling them to enjoy the rights, such as educational grants and holiday cottages. For more info on pension funds and unions click here.