Sweden - Union announces industrial action in banking sector - February 22, 2011

On 22 February, the country’s main trade union for employees in the banking sector announced industrial action over wages and employment conditions of its 30,000 members. From March 5 the union will block all overtime and additional hours in banks represented by the employer's organization. It will also stage a blockade against all forms of recruitment as well as a prohibition of foreign working missions. “The move is designed so that third parties will not be affected”, Ulrika Boëthius, negotiation manager and first vice chairperson at the Financial Sector Union of Sweden, said, “Our goal is to get a new contract with reasonable conditions for our members”. The Banking Institutions' Employer Organisation (BAO) reacted the same day it was open to reopen discussions.

English: http://www.swedishwire.com/business/8708-swedish-banks-goes ...

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Maarten van Klaveren, Amsterdam Institute for Advanced Labour Studies (AIAS) M.vanKlaveren@uva.nl. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net. © ETUI aisbl, Brussels 2011.

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