“As with many other renewals of collective agreements across the country at this time, this agreement has had to take into account two increases in the minimum wage while maintaining wage relativities across the industry,” said E té`s lawyer, George Hollinsworth. Workers are not required to participate in collective bargaining because negotiations are conducted by the union and the employers` organization. The terms and conditions of the collective agreement must apply to all employees in the industry, whether they are unionized or not. The system works as long as the number of members is large enough. Collective agreements are one of the most important benefits of unions. Collective agreements have improved many legal conditions that affect the status of workers. Finnish legislation does not impose a minimum wage. Minimum wages are set in sectoral collective agreements. In addition, collective agreements are used to reconcile, for example, the reasons for employment policy, wage increases and rules for hours of work, overtime, weekend holidays and evening and weekend work. The general application of the collective agreement may be lost. The alternative is a normally binding collective agreement that binds only the contracting parties.
The agreement, or Metals, as it is called, is the oldest and largest agreement in the manufacturing industry and provides a guide for all wage agreements throughout the manufacturing industry. The main employment contract in the manufacturing sector, the multi-employer collective agreement for metals and manufacturing, has been concluded. Members also provided an improved redundancy scheme for workers with between 6 and 12 months of service. The one-year comparison includes wage increases of between 3 and 3.7 per cent and maintains in the document a margin of 50 cents above the minimum wage for the lowest printed wage rates. “The agreement does this and we think the wage agreement we have reached is a good deal.”