Employment agreements between Reykjavík Energy and management or employees do not include provisions for a direct correlation between salaries and specific yardsticks in operations, financial or otherwise. Reykjavik Energy believes that such arrangements could possibly favour short-term objectives while jeopardising long-term ones, but the company's beacon is always on long-term objectives.

The ownership strategy of Reykjavík Energy stipulates that management compensation should be on par with other comparable businesses, but consider that the company is in public ownership. The compensation of management and other employees at Reykjavík Energy should be competitive, not leading.

Compensation for Board members, the CEO, and other top executives, is specified in Reykjavík Energy Consolidated Financial Statements.