VR to Terminate Collective Agreements; Trade Unions Seek Authorization
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Insights by Echo AI
VR's management has called for a meeting of its Board of Directors to discuss the termination of collective agreements, citing inflation adjustments and wage increases. The trade unions have also sought authorization from their respective backing organizations to terminate the agreements. VR's management has demanded wage increases or new salary adjustments, while the Association of Icelandic Trade Unions has rejected these demands. The Board of Directors will take a stance on the termination of the collective agreements after its meeting.
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