The CEO of Harpa Concert Hall has announced that she will take a pay cut to quell anger over her previous 20% pay increase, awarded at the same time as the customer representatives of Harpa were forced to take a pay cut. The local newspaper Stundin reports that the pay of Svanhildur Konráðsdóttir will drom from 1.5 million ISK per month (175,000 USD/148,000 EUR annually) to 1.3 million ISK per month (151,000 USD/128,000 EUR annually).
The pay cut will be retroactive, thus canceling out the previous increase which had caused the anger.
Read more: Harpa Concert Hall shaken by outrage over excessive CEO pay
Responding to widespread outrage
22 customer representatives at Harpa had quit in protest over the fact that Svanhildur's pay had been increased at the same time as their wages were cut. The arrogant response of Svanihildur and the board of Harpa further infuriated the staff, causing a widespread anger in Icelandic society.
Among those who had criticized the CEO and the board of Harpa for their handling of the matter was Líf Magneudóttir, the President of The Reykjavík City Council, and the leader of the Left Greens in Reykjavík city. Iceland's largest union, VR, had also issued a strongly worded statement condemning the immoral and outrageous actions of the CEO and board of directors in the matter. VR also pledged to boycott Harpa in protest, canceling all events the union had planned at the venue.
Read more: Union sides with Hard Rock Café staff: Rejects gender-specific dress code for staff
The CEO of Harpa Concert Hall has announced that she will take a pay cut to quell anger over her previous 20% pay increase, awarded at the same time as the customer representatives of Harpa were forced to take a pay cut. The local newspaper Stundin reports that the pay of Svanhildur Konráðsdóttir will drom from 1.5 million ISK per month (175,000 USD/148,000 EUR annually) to 1.3 million ISK per month (151,000 USD/128,000 EUR annually).
The pay cut will be retroactive, thus canceling out the previous increase which had caused the anger.
Read more: Harpa Concert Hall shaken by outrage over excessive CEO pay
Responding to widespread outrage
22 customer representatives at Harpa had quit in protest over the fact that Svanhildur's pay had been increased at the same time as their wages were cut. The arrogant response of Svanihildur and the board of Harpa further infuriated the staff, causing a widespread anger in Icelandic society.
Among those who had criticized the CEO and the board of Harpa for their handling of the matter was Líf Magneudóttir, the President of The Reykjavík City Council, and the leader of the Left Greens in Reykjavík city. Iceland's largest union, VR, had also issued a strongly worded statement condemning the immoral and outrageous actions of the CEO and board of directors in the matter. VR also pledged to boycott Harpa in protest, canceling all events the union had planned at the venue.
Read more: Union sides with Hard Rock Café staff: Rejects gender-specific dress code for staff
