A new collective agreement has been reached for the senior salaried employees in the consulting sectory
A new two-year collective agreement has been reached for the senior salaried employees in the consulting sectory, as the Technology Industry Employers of Finland and the Federation of Professional and Managerial Staff (YTN) approved the negotiation result for the new collective agreement. The resulting collective agreement covers a total of approximately 31,000 senior salaried employees.
When adjusting salaries, the local salary settlement is preferred. The salary settlement shall be negotiated locally, while taking into account the situation of the company. If a local salary settlement is not reached, salary adjustments will be carried out as the collective agreement provides.
Unless otherwise locally agreed, the salaries will be increased as follows:
The salary increases are a total of 6.0 percent over the two years, and in addition, in the first year of the contract, senior salaried employees will be paid a lump sum payment of 1.0 percent cost impact.
The lump sum will be paid on the regular payday of March 2023. In addition to the lump sum payment, the employer implements, in accordance with the company’s pay policy, a salary adjustment having a cost impact of 3.5 %. When allocating salary increases, the employer must ensure that each senior salaried employee’s salary, including fringe benefits, is increased by at least 3.0 %.
In the second contract year, no later than February 1, 2024 or the beginning of the salary payment period that starts after that, the employer implements a salary adjustment with a cost impact of 2.5 %. When allocating salary increases, the employer must ensure that each senior salaried employee’s salary, including fringe benefits, is increased by at least 1.3 %.
Significant Text Changes
The new collective agreement includes several text changes that do not increase labor costs as a whole.
The negotiation periods regarding lay-offs and other change situations will be shortened. The previous 14 days negotiation period will from now on be 7 days and the previous 6 week negotiation period will be 28 days. All lay-offs will be subject to the short negotiation period (7 days). In addiotion the lay-off notice period will be 7 days (previous 14 days). All these periods can be agreed otherwise locally.
The settlement also increases working hours flexibilities by extending the reference period for flexible working hours and the averaging period for the maximum working time from 6 months to 12 months, unless otherwise locally agreed. The employer is also able to affect more on using the working time bank leave.
As part of the whole set of text issues, it was also agreed that the parents’ total paid family leave will increase by about three weeks. In the future, the parent who gives birth will receive paid pregnancy leave. In addition, both the parent who gives birth and the non-birthing parent will receive a salary for 32 weekdays from parental leave.
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