Finland - Competitiveness pact signed - June 30, 2016

The national labour market pact or so-called Competitiveness Pact was signed on the evening of 14 June. Most trade unions endorsed the Pact and it now covers 86.5 percent of the wage and salary earners. It has been the main issue in social politics for more than a year. The government was determined to cut costs for employers and forced trade unions to accept a deal that makes everyone work 24 hours more a year for the existing pay rates. There will be no pay rises for one year. The Pact includes further weakening of established working arrangements and benefits, like slicing 30% off the holiday bonus for workers in the public sector.

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For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Willy De Backer For previous issues of the Collective bargaining newsletter please visit Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at, and on the AIAS at

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