Collective agreements in the technology industries shall remain in force until the end of the agreement period
The bargaining parties to the collective agreements in the technology industries have jointly agreed that the sector’s national collective agreements shall remain in force until the end of the agreement period on 30 November 2027.
In early spring of 2025, the parties to the national collective agreements for the technology industries agreed that, no later than during August 2026, the parties would review the fulfillment of the objectives of the agreements and the economic and employment outlook for the technology industry. Based on the assessment, the contracting parties would have the option of terminating the agreement period earlier than originally intended.
During June 2026, the parties have conducted the review agreed upon in the collective agreements, and the parties jointly confirm that the national collective agreements for the technology industries will remain in force until the end of the agreement period on 30 November 2027.
The key objectives of the agreements – maintaining cost competitiveness and improving purchasing power – have, for the most part, been achieved as anticipated at the time the agreements were signed. The economic outlook has been overshadowed by various geopolitical threats, trade policy turbulence, and military operations, which continue to make it significantly more difficult to forecast economic development. Despite these challenges, there are visible signs of growth in the technology industry. Growth is beginning – but later than anticipated when the agreements were signed.
The long-lasting and extremely challenging cyclical conditions have not, however, significantly reduced the number of jobs offered by companies in the technology industries, and companies have been keen to retain their skilled workforce.
“It is a good sign that, together with the trade unions, we are able to confirm well in advance that we will maintain the agreements in force through the end of the agreement period. This demonstrates the effectiveness of the collective bargaining system,” says Jarkko Ruohoniemi, CEO of the Technology Industry Employers of Finland.
“The collective agreement has already clearly strengthened the purchasing power of workers. This positive trend will continue throughout the agreement period, and we will effectively be filling the gaps in the decline in purchasing power caused by rising prices,” says Riku Aalto, President of the Industrial Union.
Niko Simola, President of Trade Union Pro, emphasises the fact that a long agreement period brings stability from the perspective of both workers and companies. He feels that this is particularly important given the current uncertainties in the global situation.
Teemu Hankamäki, as Labour Market Director of the Federation of Professional and Managerial Staff YTN, is pleased with the long agreement period, which also ensures industrial peace for the joint working groups operating during the agreement period.
In the IT service sector, the national collective agreement applies to a smaller proportion of companies in the sector. “The terms of employment agreed upon jointly by these companies and the cooperation developed during the agreement period are a clear indication of the importance of this collaboration,” says Jyrki Kopperi, Chair of the Association of IT sector Employees.
Additional information:
- Riku Aalto, Union President, tel. 0400 711 072