Collective agreement for the employees in the technology industry 2023–2024

On Sunday 5 February, the Board of the Industrial Union approved the new collective agreement for the technology industry. The Technology Industries Employers of Finland representing the employers has also approved the agreement.

Wage increases in 2023

In 2023, the wage increases in accordance with the agreement will be implemented as local wage settlements. Matters to be agreed in a local wage settlement include the implementation method, time and amount of the wage adjustments. The agreement will be made with the Chief Shop Steward by 15 March 2023, unless an agreement is made on extending the processing period.

If a local wage settlement cannot be reached, the wage adjustments will be implemented as described below.

A one-time payment of EUR 400 is made on the regular payday of the workplace in March for the employees, whose continuous employment relationship was valid on 1 February 2023 and is valid on the payment date of the one-time payment.

For part-time employees, the amount of the one-time payment is calculated in relation to the agreed working hours and the full working hours.

Wages will be increased with an overall increase of 3.5% on 1 April 2023 at the latest or starting from the beginning of the next pay period after it.

Tables, bonuses and compensations will be increased by 3.5% on 1 April 2023 or starting from the beginning of the next pay period after it.

If a local wage settlement is made, the tables will be increased at the same time as the local wage settlement is implemented.

Wage increases in 2024

In 2024, the wage increases in accordance with the agreement will be implemented as local wage settlements. Matters to be agreed in a local wage settlement include the implementation method, time and amount of the wage adjustments. The agreement will be made with the Chief Shop Steward by 19 January 2024, unless an agreement is made on extending the processing period.

If a local wage settlement cannot be reached, the wage adjustments will be implemented as described below.

Wages will be increased with an overall increase of 2% on 1 February 2024 at the latest or starting from the beginning of the next pay period after it.

In addition, the employer will implement a 0.5% raise in the wages of employees on a company- or workplace-specific basis after the agreement enters into force; however, on 1 February 2024 at the latest or starting from the beginning of the next pay period after it. The employer distributes the raises according to the instructions of the unions. The Chief Shop Steward is informed about the use and basis of distribution of wage adjustments in accordance with the common instructions of the unions by 29 February 2024 at the latest. If no Chief Shop Steward has been elected, all of the personnel are informed.

Tables, bonuses and compensations will be increased by 2% on 1 February 2024 or starting from the beginning of the next pay period after it.

If a local wage settlement is made, the tables will be increased at the same time as the local wage settlement is implemented.