Indicative industrial agreement ready – after intensive negotiations

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Collective agreements expire at midnight. Now the trade unions and the employers have agreed on a new agreement. The indicative wage increase will be 7.4 percent in two years. During Friday, the industrial unions and employers sat in intensive negotiations to agree on the “brand” – which will guide wage increases for the entire labor market. At a press meeting during the evening, the parties announced that they had agreed on a new two-year collective agreement where, among other things, they had agreed on a wage increase of 7.4 percent over two years. The new agreement means a real wage reduction in 2023. – Inflation will be high in 2023, which means that there will be no real wage increase in 2023. But we will be able to return to real wage increases next year, says Marie Nilsson, union president at IF Metall at the press conference. Around 2.3 million employees in Sweden are affected by the agreement. Among others, IF Metall, Teknikföretagen, Industrial Employers, Unionen and Sweden’s engineers participated in the negotiations. Demand not even half of inflation From the start, the demand from the industry (which sets the benchmark for the other unions) was 4.4 percent in wage increases, higher percentage increases for those earning under 27,000 kroner a month, plus additional increases in the minimum wages. The companies initially offered 2.0 percent plus a lump sum of SEK 3,000. Historically, the final agreement has landed around three-quarters of the union’s starting demand, which would give around 3.3 percent. Reporter Ulla Danné reports from the press conference in the player at the top of the article.

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