Public Holidays 2017
This page contains a calendar of all 2017 public holidays for Iceland. Please scroll down to view.
Formerly ruled by Norway and Denmark, the majority of public holidays and observances in Iceland are based on strong Scandinavian and Roman Catholic traditions. Iceland recognizes the following public holidays: New Year’s Day; Palm Sunday; Maundy Thursday; Good Friday; Easter; Easter Monday; First Day of Summer; Labour Day; Ascension; Whit Sunday; Whit Monday; Icelandic Republic Day and Christmas Day. Christmas Eve and New Year’s Eve are recognized as half-day holidays, with most workers dismissed at noon.
Iceland’s Holiday Act provides for a minimum of two working days of holiday accrual for each month of consecutive employment from May 1 through April 30 of each year. This amounts to at least 24 working days, equaling two weeks of paid holidays per year. Some collective bargaining agreements provide for longer periods of leave, primarily depending on length of employment.
Icelandic Labour Laws
In Iceland, labour laws are regulated by the Icelandic Federation of Labour. The Federation oversees the country’s system of collective bargaining agreements which apply to approximately 88 percent of the workforce. Collective bargaining agreements set forth terms of employment, salary, benefits and entitlement to paid public holidays and annual leave. All collective bargaining agreements in Iceland are automatically binding between the employer and employees, regardless of the type of business.
Working Conditions in Iceland
Wages and provisions for overtime compensation are specified in collective bargaining agreements and are not mandated by labour laws. Most collective agreements establish normal working hours at eight hours per day during a five-day work week, for a total of 40 hours per week. The law states that the average maximum working time during a four-month period cannot exceed 48 hours in seven days. This restriction also applies to overtime. Overtime compensation in Iceland is paid according to terms of collective bargaining agreements.
The law provides that all workers who perform overtime work or work on national holidays are entitled to overtime compensation. Collective bargaining agreements allow workers to exchange or transfer public holidays which fall on a Thursday to the following working day or they may choose to connect holidays with annual leave. After working for seven consecutive days, all workers are entitled to one day off as a mandatory rest period, usually taken on Sunday.
In Iceland, collective bargaining agreements provide for the payment of a fixed Christmas bonus to every worker, payable in the month of December. Workers are also entitled to an additional holiday bonus paid between May and August of each year. The bonus amounts are established by the collective bargaining agreement and are typically based on length of employment.
Public Holidays 2017
|1 Jan||Fri||New Year's Day|
|13 Apr||Thu||Maundy Thursday|
|14 Apr||Fri||Good Friday|
|17 Apr||Mon||Easter Monday|
|20 Apr||Thu||First Day of Summer|
|1 May||Mon||Labor Day|
|4 Jun||Sun||Whit Sunday|
|5 Jun||Mon||Whit Monday|
|17 Jun||Sat||Independence Day|
|7 Aug||Mon||Commerce Day|
|24 Dec||Sun||Christmas Eve|
|25 Dec||Mon||Christmas Day|
|26 Dec||Tue||Boxing Day|
|31 Dec||Sun||New Year's Eve|
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