Special company agreement provisions. 5.1. Definition Company agreement (workplace agreement), within the meaning of this Section, is an agreement between a company and its employees, all or a specific proportion, on the adaptation of collective wage agreements to the needs of the workplace. A company agreement, negotiated on the basis of this Section, is not a collective wage agreement, as employer and union associations are not parties thereto. Reference is made to 5.5. as regards the involvement of these parties in the negotiations.
Special company agreement provisions. In companies employing 10 persons or more, and where at least half of these agree, employ- ees may request that the collective wage agreement between the parties is adapted to the needs of the workplace in question. In the same manner, the employer may request negotiations for such adaptation. The requirement of half the employees does not apply if the employer agrees to such adaptation. Agreements according to this Section must be in writing and signed by the employer and a representative of the employees. When negotiations pursuant to the above have been decided, each party must inform VR/LÍV and FA of such negotiations. Either party may seek advice from the parties to the agreement. Adaptation agreements must clearly state the benefit to the company as well as the share of employees in such benefits. The employees’ share may take the form of a reduction in the number of working hours without a corresponding reduction of income, the payment of a fixed sum, a percentage supplement on their wages or some other form. The company agreement is prepared under peaceable means and may laps before termi- nation of employment. Either party may terminate the contract with three months’ notice based on the beginning of the month. In order for termination to be binding on the part of employees, the approval of the majority of employees must be obtained by secret ballot. The shop xxxxxxx, or union in the absence of a shop xxxxxxx in the company in question, shall appoint up to five persons to a negotiating committee for the employees, based on the size of the company. Company agreements allow deviations from collective wage agreements as regards the following issues:
Special company agreement provisions. In companies where 10 or more people work, and at least half of them are in favour, the employees may request that the provisions of the agreement between the parties be adapted to the needs of the workplace in question. In the same way, the employer may request negotiations on such an adaptation. The condition regarding at least half of the employees shall not apply if the employer approves such an adaptation. Agreements made under this Article shall be made in writing and shall be signed by the employer and representatives of the employees. When negotiations under the foregoing provision have been arranged, each of the parties shall notify VR and FÍS. Each of the parties may seek advice from the parties to this Agreement. An agreement on adaptation shall state clearly what the gain is to the company, and also the share of the employees in that gain. Consideration to the employees may take the form of a reduction in working hours, without a corresponding abridgement of wages, the payment of a fixed sum, a proportional supplement to wages, or another form. Company agreements are made under the obligation to pursue peaceable relations, and may cease to apply as a result of termination. Each party may terminate the agreement with 3 months’ notice, running from the change of month. In order for such termination to binding on the employees, it must have been approved by a majority of them in a secret ballot. The shop xxxxxxx, or the trade union if there is no shop xxxxxxx, shall appoint up to 5 persons, depending on the size of the company, to the negotiating committee on behalf of the employees. Under company agreements, the provisions of this Agreement may be adapted regarding the following matters:
