Meginmál

The Central Bank of Iceland places emphasis on maintaining a challenging work environment characterised by professionalism, knowledge, equal rights, and honest interactions.

Human Resources Policy

The Central Bank of Iceland’s human resources policy is guided by the Bank’s key role of safeguarding the public interest by promoting price stability, financial stability, and sound and secure financial activities. The policy aims to build up a strong team, with emphasis on respect, well-being, equal rights, expertise, professionalism, and progressiveness. In this way, it helps the Bank to achieve its objectives in an efficient and effective manner.

Key priorities

Always having competent and ambitious employees who create a strong team within the Bank.
Maintaining a work environment that supports employees’ physical and emotional well-being.
Ensuring that equal rights are always protected in the Bank’s activities.
Ensuring that employees maintain their expertise, use it effectively in their work, and share it, thereby supporting the priorities of a forward-thinking central bank.
Maintaining a performance-driven workplace culture characterised by professionalism and efficient work habits to ensure sound and effective decision-making.

Vacancies

Vacancies are advertised on Starfatorg and the Bank‘s recruitment website. General applications can also be submitted through the Bank‘s recruitment website.

Bank‘s recruitment website

Equal Pay Policy

The Central Bank of Iceland has received formal equal pay certification in recognition of its wage structure, which fulfils the requirements of the equal pay certification standard ÍST 85:2012. The formal assessment of the Bank’s equal pay system was concluded in December 2018. The assessment was carried out by BSI Iceland, an accredited representative of the British Standards Institution. Two assessments were carried out in order to determine whether all of the requirements of the ÍST 85:2012 standard were satisfied in the Bank’s equal pay system. The Bank passed both assessments without reservations and has now received formal equal pay certification.

The Bank stresses offering its employees competitive wages and terms of employment. Central Bank employees’ wages should reflect the demands made of them as regards knowledge, qualifications, and responsibility in carrying out their work. Factors such as education, professional experience, specialised knowledge, supervision of others, and responsibility affect employees’ wages. Work performance also has an impact, with particular emphasis on professional work habits, communication skills, management capabilities, and the ability to adopt new work habits and knowledge.