Negotiation solution on working conditions of employees in the technology industry

A negotiated outcome was achieved concerning the working conditions of employees in the technology industry on Thursday 20 February. The union’s board of directors accepted the negotiated outcome at a meeting held on Saturday 22 February.

After a long negotiation on Thursday 20 February, the union reached a negotiated outcome that it considered good enough to propose to the board. The solution addresses the purchasing power gap that arose through weaker purchasing power. The Bank of Finland assessed the impacts of the solution after it was published and stated in its assessment that the pay gap would narrow and real earnings would increase during the contractual term.

The wage solution increases wages by an average of 8% over the three-year term, thereby addressing the wage gap. If something unpredictable happens in the operating environment, it is possible to terminate the agreement at the end of November 2026.

A summary of the agreement solution can be found here.