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The first national income policy agreement was negotiated by National Labour Dispute Conciliator Keijo Liinamaa.In 1967, Liinamaa was given a special task by Prime Minister Rafael Paasio: Liinamaa was to negotiate a comprehensive economic deal with employers' organisations and labour unions in order to prevent inflation due to rising wages.
In Finland, collective labour agreements are universally valid.This means that a collective agreement in an economic sector becomes a universally applicable legal minimum for any individual's employment contract, whether or not they are a union member.
EK's member companies collectively contribute over 70% of Finland's GDP, and over 95% of Finland's exports. It has considerable negotiating power, since Finland has universal validity of collective labour agreements, and often a national income policy agreement is reached. EK focuses its activity on the following goals:
Finland's labor agreements are based on collective bargaining. Bargaining is highly centralized, and often the government participates to coordinate fiscal policy. Finland has universal validity of collective labour agreements and often, but not always, the trade unions, employers, and the Government reach a national income policy agreement.
A sign commemorating the agreement in front of König Restaurant in Helsinki, where the deal was struck. The Betrothal of January or January Engagement [1] (Finnish: tammikuun kihlaus, Swedish: januariförlovningen) was a declaration given by the Association of Finnish Industries [] that recognized the trade unions and their central organization the Finnish Federation of Trade Unions (SAK) as ...
Sectoral collective bargaining is an aim of trade unions or labor unions to reach a collective agreement that covers all workers in a sector of the economy, whether they wish to be a part of a union or not. It contrasts to enterprise bargaining where agreements cover individual firms.
The Central Organisation of Finnish Trade Unions, usually referred to by the acronym SAK (Finnish: Suomen Ammattiliittojen Keskusjärjestö; Swedish: Finlands Fackförbunds Centralorganisation, FFC) is the largest trade union confederation in Finland. Its member organisations have a total of more than one million members, which makes up about ...
The right to autonomy in union organisation, for furthering and defending workers' interests by collective bargaining and collective action. 154 2. Unions: Right to Organise and Collective Bargaining Convention: 1949 C098: Protection against discrimination for joining a trade union, promotion of voluntary collective agreements, taking ...