The social partners did not want to comment on the details of the agreement, as it has yet to approve their decision-making bodies.
The Confederation of Industry warned last week, in an attempt to break the deadlock in the negotiations, that some 40,000 of its members were ready to begin a two-week strike at 300 technology companies on January 14th.
The agreement must also be significant in other respects.
The Confederation of Finnish Industry and the Technology Industry have, in previous rounds of negotiations, paved the way for agreements in other industries and effectively set limits on wage increases between industries.
Last week, employers in the technology industry signed three collective agreements with the Confederation of Trade Unions and Supervisors (YTN). The agreements guarantee workers 1.8 percent pay increases this year, unless another compromise is reached in job-specific negotiations.
The employersโ organization suggested that the agreements set limits to the ongoing round of negotiations, but the chairman of the Confederation of Finnish Industry, Riku Aalto, did not share the view on Tuesday. The Confederation of Finnish Industry has pushed for wage increases of more than 2 percent.
Aleksi Teivainen โ HT
Source: The Nordic Page