Wages, income and labour market

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Labour cost survey 2012

This issue presents results from the Labour Cost in Iceland for the year 2012. In the year 2012 wages and salaries accounted for 79.8% of the total labour cost. Non-wage labour cost was therefore 20.2%. The largest component in non-wage labour cost was employers’ mandatory contribution to pension and private pension savings, 9.6% of total labour cost. The composition of labour costs in Iceland changed between the years 2012 and 2008 as the proportion of non-wage costs of labour costs has grown more than the proportion of wages and salaries.
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News
19 December 2014

The wage index in November 2014 is 0.2% higher than in the previous month

The wage index in November 2014 is 494.7 points, 0.2% higher than in the previous month. In the last twelve months the monthly wage index has risen by 6.6%. More
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Upcoming releases
Get reminder22.12.2014 Labour Force Survey, November 2014
Get reminder21.1.2015 Labour force survey, December 2014
Get reminder22.1.2015 Index of pension scheme commitments for public ser
Get reminder22.1.2015 Real wages index in December 2014

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