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Contractor Management
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Employer of Record
- Overview
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Grow your team
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Taxes
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Types of Leave
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Employment Termination
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Benefits Guide
Employing in Iceland
Most employee entitlements are defined by collective bargaining based on the 1938 Act on Trade Unions and Industrial Disputes. With 91.8% of the workforce organised into unions, Iceland has the highest union membership rate. Overall, employees in Iceland enjoy protection against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Iceland.
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There’s no minimum wage mandated under Icelandic law; employers and employees can enter into collective bargaining to determine wage rates as they see fit.
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For customers of Remote, all employee payments will be made in equal monthly instalments on or before the last working day of each calendar month, payable in arrears.
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We can help you get a new employee started in Iceland fast. The minimum onboarding time we need is only 20 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
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16 Public holidays
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Grow your team in Iceland with Remote
Want to employ workers in Iceland? Companies hiring in Iceland are typically required to either own a local legal entity or work with a global employment platform like Remote that can legally provide employment services in the country.
Remote can employ team members in Iceland and keep you compliant. Remote can hire, onboard, and pay your Iceland team so you don't have to set up local HR services in the region. Remote also makes it easy to pay contractors in Iceland. Sign up now to get started or talk to an expert for more details.
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Iceland, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Iceland may lead to fines and penalties for the offending company.