Time of pay deals

8.3.2023

TEXT HEIKKI JOKINEN

On 5 February, the Industrial Union approved the new collective agreements for the technology industry, the chemical basic industry, plastics and chemical products industry and the oil, gas and petrochemical products industry.

These were the deals to pave the way for collective agreements in all other branches, too. Employers had stopped collective bargaining practically everywhere as they awaited the outcome in the technology industry.

Now, in quick succession after these key pay deals were struck, other deals followed suit.

The crucial thing about Industrial Union pay deals is that they give pay rises for everyone. Employers were fighting for deals where employers can, to a larger extent, decide who will get the pay rise.

The crucial thing about Industrial Union pay deals is that they give pay rises for everyone.

In the technology industry, everyone will get a 3.5 per cent pay rise this year plus a one-time payment of 400 euros. In 2024, the pay rise for all is 2.0 per cent. Also, the employer will dispense a 0.5 per cent rise according to the joint instructions of the employers’ association and unions.

In the chemical industry, the pay rise this year is 2.2 per cent for all plus a one-time payment of 800 euros. In 2024, the pay rise for all is 3.3 per cent and the employer dispenses a 0.2 per cent pay rise.