The technology industry reaches a contract agreement, the threat of a strike is fading

The technology industry reaches a contract agreement, the threat of a strike is fading

In the Finnish technology sector, which includes the metal, electronics and IT sectors, it seems that the threat of a strike has been avoided.

The parties to the labor dispute reached an agreement in negotiations mediated by the National Conciliator on Tuesday night Vuokko Piekkala.

The agreement has yet to be approved by the Board of the Confederation of Finnish Industry, which will meet on Friday afternoon. The board of the Employers’ Group Technology Industry Association gave the green light to a new collective agreement on Wednesday.

Jarkko Ruohoniemi, Employers in the technology industry, representing most of the large companies in the technology industry group, CEO and chairman of the Confederation of Finnish Industry Riku Aalto Both said on Twitter that they will not comment on the outcome of the talks until the boards of both parties have discussed its content.

The Confederation of Industry had threatened a large-scale strike if wage increases were not agreed. The strike warning issued on 30 December affected more than 40,000 employees in Finland.

The strike seems to have been left on the shelf, as Aalto did not mention the march – or its cancellation – in his tweets.

The parties have been strict about the size of wage increases and how many years a collective agreement would be valid.

Relations between the parties have been tense since last March, when the Technology Industry Group announced its withdrawal from the traditional Finnish system of universally binding collective agreements.

Agreements between the technology industry and the Confederation of Finnish Industry have in the past often been a model for transactions in other sectors.

Source: The Nordic Page


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