Final wage talks before summer break

Academic Union and the Finance Ministry will hold their last negotiation meeting before the summer break later today, chair Arni Petersen confirmed.

The union has submitted a demand for a two-year agreement to run through 2028. Earlier this month, the parties signed a deal covering 1 October 2025 to 1 October 2026, with a 3.87 percent wage increase.

The Academic Union is part of the public-sector wage cartel that 12 unions formed last year with the Finance Ministry’s wage division.