MAGNA Lögmenn have long offered extensive services to employees, trade unions, employers, and public entities in all areas of employment law, and have managed disputes at every court level in this field. We prioritize thorough and timely work, as cases in this area often demand quick responses due to the serious impact of delays.
Employment Law
Areas of Expertise
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Employment Law
Rights and obligations
Collective agreements
- A collective agreement is a contract between a trade union on one side and an employer, employers’ association, or federation of employers on the other side. Collective agreements address the wages and working conditions of employees within the relevant sector of the trade union
- All employment contracts must specify which collective agreement applies to the position
- MAGNA’s lawyers can assist with the drafting and interpretation of collective agreements, as well as provide guidance on rights and obligations under these agreements
Employment relations
- An employment contract must be in accordance with the collective bargaining agreement, and provisions in the employment contract that grant employees fewer rights are invalid
- MAGNA Lögmenn can assist with the drafting and interpretation of employment contracts
Holidays, free days, sick leave, accidents
- MAGNA Lögmenn assist employees and employers in understanding their rights
Equality in the labor market
- The Act on Equal Treatment in the Labor Market No. 86/2019 clearly prohibits all discrimination in the labor market based on race, national origin, religion, beliefs, disability, reduced work capacity, age, sexual orientation, gender identity, gender characteristics, or gender expression
- All gender-based discrimination is also prohibited under the Act on Equal Status and Equal Rights of the Genders No. 150/2020
- MAGNA Lögmenn can provide advice on all matters related to equality in the labor market and handle representation regarding complaints to the Equality Complaints Committee
Termination or cancellation of the employment contract
- In the case of termination, issues may arise regarding the notice period, rights upon termination, and severance agreements
- In order to cancel an employment contract, the breach of the contract must be considered substantial
- MAGNA Lögmenn provide advice to both employees and employers regarding their legal position in cases of termination and cancellation of employment contracts
Group terminations
- The Act on Group Terminations No. 63/2000 applies to group terminations of employees for reasons not related to each individual, when a specified number of employees are terminated within a 30-day period
- Further specifications can be found in Article 1 of the Act
- In the case of group terminations, employers have certain legal obligations
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Employer bankruptcy
- In the case of employer bankruptcy, the estate is assigned an insolvency administrator, who manages the estate’s affairs. The Bankruptcy Act No. 21/1991 outlines how employment contracts are handled, and the Wage Guarantee Fund Law ensures that employees receive payment of wages from the bankruptcy estate up to a certain limit
- MAGNA Lögmenn provide advice on the legal position of employees in the event of employer bankruptcy
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